Plastic Surgery: Investment in Human Capital or Consumption?

  title={Plastic Surgery: Investment in Human Capital or Consumption?},
  author={Soohyung Lee and Keunkwan Ryu},
  journal={Journal of Human Capital},
  pages={224 - 250}
Beauty has been shown to be valuable in many markets and supposedly can be improved through plastic surgery. This raises the question of how effective plastic surgery is in improving a person’s beauty and economic outcomes. We find empirical evidence that while people improve their facial beauty through plastic surgery, the associated monetary benefits from beauty premiums in labor and marriage markets are not high enough for most men and women to recover the surgery costs. This finding… 

Beauty pays but does investment in beauty? Despite the large returns from an attractive appearance, the cost- effectiveness of investment in beauty is ambiguous

Being beautiful gives a person an advantage in many settings. Attractive people earn more and have an easier time getting hired. People spend large amounts of money on goods and services to enhance

Beauty pays but does investment in beauty

Being beautiful gives a person an advantage in many settings. Attractive people earn more and have an easier time getting hired. People spend large amounts of money on goods and services to enhance

Big and Tall: Is There a Height Premium or Obesity Penalty in the Labor Market?

Previous studies have shown that both height and weight are associated with wages. However, by focusing on interpreting the partial effects of either height or weight on wages while holding all else

Evaluating the Effect of Beauty on Labor Market Outcomes: A Review of the Literature.

Examining the effect of beauty on labor market outcomes has become a growing field of labor economics. In fact, the way the labor market rewards physical attractiveness has become an important

Adjunctive surgical procedures enhancing treatment outcome - A literature review.

D Dwelling not merely on the ideal occlusion, the results could be enhanced by analysing the whole-face to improve the overall treatment outcome.

The Influence of Western Culture on Plastic Surgery Consumption in South Korea

  • J. Kwak
  • Political Science
    Journal of Gynecology and Womens Health
  • 2021
The recognition of the Korean cosmetic industry has skyrocketed in recent years. You may have come across a video about the benefits of a 10-step skincare routine while scrolling through social

"Beauty Too Rich for Use": Billionaires' Assets and Attractiveness

We examine how the net worth of billionaires relates to their looks, as rated by 16 people of different gender and ethnicity. Surprisingly, their financial assets are unrelated to their beauty; nor

Do Pimples Pay? Acne, Human Capital, and the Labor Market

We use data from the National Longitudinal Study of Adolescent to Adult Health to investigate the association between having acne in middle to high school and subsequent educational and labor market

Looks and Labor: Do Attractive People Work More?

Using the German General Social Survey (ALLBUS) 2008, I investigate how looks affect an individual's labor supply decision. My results are, by and large, in line with predictions derived from the


Aside from academics suggesting that low-physical-attractive prisoners may face difficulty reentering the labour market: permitting employers to access criminal history records aggravates the



Dress for Success -- Does Primping Pay?

A unique survey of Shanghai residents in 1996 that combined labor-market information, appraisals of respondents' beauty, and household expenditures allows us to examine the relative magnitudes of the


The influence of physical appearance in the labour market is examined using longitudinal cohort data covering 11,407 individual born in Britain in 1958. Results show that physical appearance has a

Why Beauty Matters

We decompose the beauty premium in an experimental labor market where "employers" determine wages of "workers" who perform a maze-solving task. This task requires a true skill which we show to be

Is technological change in medicine worth it?

It is concluded that medical spending as a whole is worth the increased cost of care, and has many implications for public policy.

"Beauty is the Promise of Happiness"?

The Economic Value of Teeth

This paper examines the effect of oral health on labor market outcomes by exploiting variation in fluoridated water exposure during childhood. The politics surrounding the adoption of water

The Economic Benefits of Pharmaceutical Innovations: The Case of Cox-2 Inhibitors

Despite dramatic improvements in medical technology, little attention has been paid to the role of these innovations in improving economic outcomes. This study estimates the labor supply effects of

Marry for What? Caste and Mate Selection in Modern India

This paper studies the role played by caste, education and other social and economic attributes in arranged marriages among middle-class Indians. We use a unique data set on individuals who placed

The Average Korean Attractive Face

Although no set rule exists for facial analysis, it is believed that the described approach is an alternative method for acquiring the relative soft tissue configurations, balance, harmony, and photogrammetric norms of standard attractive faces.

Life at the Top: The Benefits of Height