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Collateral damages of the great crisis in Spain. A longitudinal health study

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Abstract

We evaluate the impact of the double-dip Spanish recession (2008–2014) on self-rated health. We analyse four waves of the Bank of Spain’s Survey of Household Finances (2005, 2008, 2011 and 2014) and document significant differences in the probability of reporting poor self-rated health depending on age and gender. Even after adjusting for socio-economic factors, we still find remarkable inequalities among the demographic groups. Given our results, we discuss the link between financial wealth and self-rated health and how policy-makers could address health inequalities that arise from adverse economic and financial shocks

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  • M. Sáez & J. Vidiella-Martin & Guillem López i Casasnovas, 2018. "Collateral damages of the great crisis in Spain. A longitudinal health study," Economics Working Papers 1603, Department of Economics and Business, Universitat Pompeu Fabra.
    • Handle: RePEc:upf:upfgen:1603
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    1. Drydakis, Nick, 2015. "The effect of unemployment on self-reported health and mental health in Greece from 2008 to 2013: A longitudinal study before and during the financial crisis," Social Science & Medicine, Elsevier, vol. 128(C), pages 43-51.
    2. Håvard Rue & Sara Martino & Nicolas Chopin, 2009. "Approximate Bayesian inference for latent Gaussian models by using integrated nested Laplace approximations," Journal of the Royal Statistical Society Series B, Royal Statistical Society, vol. 71(2), pages 319-392, April.
    3. Rosa Urbanos-Garrido & Beatriz Lopez-Valcarcel, 2015. "The influence of the economic crisis on the association between unemployment and health: an empirical analysis for Spain," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 16(2), pages 175-184, March.
    4. Isabel Aguilar-Palacio & Patricia Carrera-Lasfuentes & M. Rabanaque, 2015. "Youth unemployment and economic recession in Spain: influence on health and lifestyles in young people (16–24 years old)," International Journal of Public Health, Springer;Swiss School of Public Health (SSPH+), vol. 60(4), pages 427-435, May.
    5. Hessel, Philipp & Vandoros, Sotiris & Avendano, Mauricio, 2014. "The differential impact of the financial crisis on health in Ireland and Greece: a quasi-experimental approach," LSE Research Online Documents on Economics 59610, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Mònica González-Carrasco & Marc Sáez & Ferran Casas, 2020. "Subjective Well-Being in Early Adolescence: Observations from a Five-Year Longitudinal Study," IJERPH, MDPI, vol. 17(21), pages 1-20, November.
    2. Pilar (P.) Garcia-Gomez & Helena M Hernandez-Pizarro & Guillem Lopez-Casasnovas & Joaquim Vidiella-Martin, 2019. "Unravelling Hidden Inequities in a Universal Public Long-Term Care System," Tinbergen Institute Discussion Papers 19-011/V, Tinbergen Institute.

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    Keywords

    health; inequality; wealth; Great Recession; Spain;
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