Macroeconomic Conditions, Health and Mortality
Abstract
Although health is conventionally believed to deteriorate during macroeconomic downturns, the empirical evidence supporting this view is quite weak and comes from studies containing methodological shortcomings that are difficult to remedy. Recent research that better controls for many sources of omitted variables bias instead suggests that mortality decreases and physical health improves when the economy temporarily weakens. This partially reflects reductions in external sources of death, such as traffic fatalities and other accidents, but changes in lifestyles and health behaviors are also likely to play a role. This paper summarizes our current understanding of how health is affected by macroeconomic fluctuations and describes potential mechanisms for the effects.Download Info
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 11007.Length:
Date of creation: Dec 2004
Date of revision:
Handle: RePEc:nbr:nberwo:11007
Note: HE
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Related research
Keywords:Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- I12 - Health, Education, and Welfare - - Health - - - Health Production
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-02 (All new papers)
- NEP-HEA-2005-01-02 (Health Economics)
- NEP-MAC-2005-01-02 (Macroeconomics)
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Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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