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Financial Crisis, Health Outcomes and Aging: Mexico in the 1980s and 1990s

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  • David M. Cutler
  • Felicia Knaul
  • Rafael Lozano
  • Oscar Mendez
  • Beatriz Zurita

Abstract

We study the impact of economic crisis on health in Mexico. There have been four wide-scale economic crises in Mexico in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates were about 5 to 7 percent higher in the crisis years compared to the years just prior to the crisis. This translates into a 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find tentative evidence that economic crises affect mortality by reducing incomes and possibly by placing a greater burden on the medical sector, but not by forcing less healthy members of the population to work or by forcing primary caregivers to go to work.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7746.

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Date of creation: Jun 2000
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Handle: RePEc:nbr:nberwo:7746

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References

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  1. James Levinsohn & Steven Berry & Jed Friedman, 1999. "Impacts of the Indonesian Economic Crisis: Price Changes and the Poor," William Davidson Institute Working Papers Series 249, William Davidson Institute at the University of Michigan.
  2. Theodore Joyce & Naci Mocan, 1993. "Unemployment and Infant Health: Time-Series Evidence from the State of Tennessee," Journal of Human Resources, University of Wisconsin Press, vol. 28(1), pages 185-203.
  3. Christopher J. Ruhm, 1996. "Are Recessions Good For Your Health?," NBER Working Papers 5570, National Bureau of Economic Research, Inc.
  4. Murray, Christopher J. L. & Chen, Lincoln C., 1993. "In search of a contemporary theory for understanding mortality change," Social Science & Medicine, Elsevier, vol. 36(2), pages 143-155, January.
  5. repec:fth:michin:446 is not listed on IDEAS
  6. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate," NBER Working Papers 6834, National Bureau of Economic Research, Inc.
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Cited by:
  1. Maren M. Michaelsen & Songül Tolan, 2012. "Children at Risk: The Effect of Crop Loss on Child Health in Rural Mexico," Ruhr Economic Papers 0376, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  2. Cogneau, Denis & Jedwab, Rémi, 2010. "Commodity Price Shocks and Child Outcomes: The 1990 Cocoa Crisis in Côte d'Ivoire," CEPREMAP Working Papers (Docweb) 1018, CEPREMAP.
  3. Ainhoa Aparicio & Libertad González, 2014. "Newborn Health and the Business Cycle: Is it Good to be Born in Bad Times?," Working Papers 702, Barcelona Graduate School of Economics.
  4. Cruces, Guillermo & Gluzmann, Pablo & Lopez-Calva, Luis Felipe, 2011. "Economic Crises, Maternal and Infant Mortality, Low Birth Weight and Enrollment Rates: Evidence from Argentina’s Downturns," MPRA Paper 42936, University Library of Munich, Germany.
  5. Parlow, Anton, 2012. "Armed conflict and children's health - exploring new directions: The case of Kashmir," MPRA Paper 38033, University Library of Munich, Germany.
  6. Anton Parlow, 2012. "Armed Conflict and Children’s Health – Exploring new directions: The case of Kashmir," HiCN Working Papers 119, Households in Conflict Network.
  7. Giovanni Andrea Cornia & Luca Tiberti & Stefano Rosignoli & UNICEF Innocenti Research Centre, 2011. "The Impact of the Food and Financial Crises on Child Mortality: The case of sub-Saharan Africa," Innocenti Working Papers inwopa633, UNICEF Innocenti Research Centre.
  8. Nikoloski, Zlatko & Ajwad, Mohamed Ihsan, 2013. "Do economic crises lead to health and nutrition behavior responses ? analysis using longitudinal data from Russia," Policy Research Working Paper Series 6538, The World Bank.
  9. Sonia Bhalotra, 2007. "Fatal Fluctuations? - Cyclicality in Infant Mortality in India," The Centre for Market and Public Organisation 07/181, Department of Economics, University of Bristol, UK.
  10. Cheung, Chau-kiu & Ng, Sik Hung, 2012. "Impacts of financial crisis on social engagement in Hong Kong," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 623-632.
  11. Daniel Lai, 2011. "Perceived Impact of Economic Downturn on Worry Experienced by Elderly Chinese Immigrants in Canada," Journal of Family and Economic Issues, Springer, vol. 32(3), pages 521-531, September.
  12. Herzfeld, Thomas & Huffman, Sonya Kostova & Oskam, Arie J. & Rizov, Marian, 2009. "Changes in Food, Alcohol and Cigarettes Consumption during Transition: Evidence from Russia," 2009 Conference, August 16-22, 2009, Beijing, China 49941, International Association of Agricultural Economists.
  13. Owen O'Donnell & Eddy Van Doorslaer & Tom Van Ourti, 2013. "Health and Inequality," Tinbergen Institute Discussion Papers 13-170/V, Tinbergen Institute.
  14. Herzfeld, Thomas & Huffman, Sonya K. & Rizov, Marian, 2009. "The Dynamics of the Russian Lifestyle During Transition: Changes in Food, Alcohol and Cigarette Consumption," Staff General Research Papers 13116, Iowa State University, Department of Economics.

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