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The Unequal Effect of Pandemics on Aging and Longevity: A Health Economic Analysis

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  • Grossmann, Volker
  • Strulik, Holger

Abstract

We propose a health economic model to examine the short- and long-term effects of the Covid-19 pandemic on individual aging and longevity, conditional on attitudes towards protection, initial health status, age at the onset of the pandemic, and individual misconceptions about the consequences of infections. Moreover, we explore the individual-specific effects of Long Covid on long-term health outcomes. Individuals invest in their health to slow down health deficit accumulation and take measures to protect themselves from infectious diseases. The model captures how the severity of Covid-19 infections depends on the frailty (pre-existing conditions) of infected individuals and how infections contribute to the accumulation of chronic health deficits and mortality risk from non-communicable diseases. We calibrate the model for an average American. In addition to understanding the unequal health effects of the Covid-19 pandemic, we also contribute to understanding health inequality in general.
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Suggested Citation

  • Grossmann, Volker & Strulik, Holger, 2025. "The Unequal Effect of Pandemics on Aging and Longevity: A Health Economic Analysis," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy 325359, Verein für Socialpolitik / German Economic Association.
    • Handle: RePEc:zbw:vfsc25:325359
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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