Work in progress
Does Power Age the Leader? Evidence from National Leaders’ Facial Aging
Abstract: This paper explores the effect of the stress from national leadership on leaders' facial aging, mortality and decision-making. I use a one-to-one matched sample of election winners and the opponents they defeated. I measure apparent age directly from photographs with two machine-learning models, and define facial aging as the gap between predicted apparent age and true age. Comparing winners and losers before and after elections in a difference-in-differences design, I find that winning office accelerates apparent aging, and that the effect emerges most strongly after leaders leave office: during tenure winners look about 1.1 years younger than matched losers, but about 3.1 years older once they step down. Two forces appear to combine. Office-related stress and its cumulative health burden drive the aging that surfaces after leaders leave, while the youthfulness observed during tenure largely reflects masking. Consistent with this, winners’ hair greying is suppressed in office and jumps sharply at stepdown, and removing hair from the age models roughly halves the in-office effect. A larger apparent-age gap is also associated with lower approval the following year.
Publications
Jiusheng Zhu*, Xinjie Zhang, Yu Zhao, and Xiaoyang Ye. 2026. "Information for Vision: Experimental Evidence on Nudging Low-Income Students to Wear Eyeglasses." Economics of Education Review 115: 102835. https://doi.org/10.1016/j.econedurev.2026.102835
Jiusheng Zhu and Lifang Zhang*. 2025. "Housing Choice Under School Admission Uncertainty: Evidence From China's School Lottery." Journal of Regional Science 65 (4): 928–950. https://doi.org/10.1111/jors.12766
Juan Yang, Lifang Zhang*, and Jiusheng Zhu. 2025. "Decision-Making as Cognitive Household Labor: Higher Education Expansion, Women Empowerment, and Their Intra-Household Decision-Making Responsibility." China Economic Review 89: 102313. https://doi.org/10.1016/j.chieco.2024.102313
Lifang Zhang and Jiusheng Zhu*. 2024. "Can Higher Education Improve Egalitarian Gender Role Attitudes? Evidence from China." China Economic Review 88: 102311. https://doi.org/10.1016/j.chieco.2024.102311