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The Economics of Grief

Author

Listed:
  • Gerard J. Berg
  • Petter Lundborg
  • Johan Vikström

Abstract

We study the short-run and long-run economic impact of one of the largest losses that an individual can face; the death of a child. We utilize unique merged registers on the entire Swedish population, combining information on the date and cause of death with parents' labour market outcomes, health outcomes, marital status, and subsequent fertility. We exploit the longitudinal dimension of the data and deal with a range of selection issues. We distinguish between effects on labor and various non-labor income components and we consider patterns over time. We find that labor market effects are persistent.
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Suggested Citation

  • Gerard J. Berg & Petter Lundborg & Johan Vikström, 2017. "The Economics of Grief," Economic Journal, Royal Economic Society, vol. 127(604), pages 1794-1832, September.
    • Handle: RePEc:wly:econjl:v:127:y:2017:i:604:p:1794-1832
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    File URL: http://hdl.handle.net/10.1111/ecoj.2017.127.issue-604
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. The economics of bereavement
      by Chris Sampson in The Academic Health Economists' Blog on 2013-06-20 10:59:52

    Citations

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    Cited by:

    1. Caruso Raul, 2003. "The Impact of International Economic Sanctions on Trade: An Empirical Analysis," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 9(2), pages 1-36, April.
    2. Sara Rellstab & Pieter Bakx & Pilar Garci‡-G—mez, 2022. "Human Capital Formation: The Effect of a Miscarriage on Mental Health, Labour Market, and Family Outcomes," Tinbergen Institute Discussion Papers 22-027/V, Tinbergen Institute.
    3. Anna Bindler & Nadine Ketel, 2022. "Scaring or Scarring? Labor Market Effects of Criminal Victimization," Journal of Labor Economics, University of Chicago Press, vol. 40(4), pages 939-970.
    4. Massimiliano Bratti & Simona Fiore & Mariapia Mendola, 2020. "The impact of family size and sibling structure on the great Mexico–USA migration," Journal of Population Economics, Springer;European Society for Population Economics, vol. 33(2), pages 483-529, April.
    5. Sumit S. Deole & Yue Huang, 2024. "Suffering and prejudice: do negative emotions predict immigration concerns?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 37(2), pages 1-39, June.
    6. Mertz, Mikkel & Mitchell, Livvy & Skov, Peer Ebbesen, 2023. "Parents’ earnings response to youth suicide: Evidence from New Zealand administrative records," Economics Letters, Elsevier, vol. 226(C).
    7. Kung, Claryn S.J., 2020. "Health in widowhood: The roles of social capital and economic resources," Social Science & Medicine, Elsevier, vol. 253(C).
    8. Seitz William Hutchins, 2016. "Stock market reactions to conflict diamond trading restrictions and controversies," Business and Politics, De Gruyter, vol. 18(1), pages 63-84, April.
    9. Terhi Maczulskij & Petri Böckerman, 2019. "Harsh times: do stressors lead to labor market losses?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 20(3), pages 357-373, April.
    10. Albertini, Mattia & Bakx, Pieter & Mazzonna, Fabrizio, 2025. "Health and Labor Market Consequences of Low-Value Care: The Role of Practice Style," IZA Discussion Papers 17771, IZA Network @ LISER.

    More about this item

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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