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Recessions and health revisited: New findings for working age adults

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  • Crost, Benjamin
  • Friedson, Andrew

Abstract

A series of influential papers have documented that state level mortality rates decrease during economic downturns. In this paper, we estimate the effect of education specific unemployment rates on mortality, which provide a more exact measure of the likelihood of being directly impacted by a recession. We find that the unemployment rate of an education group in a given state is positively related to mortality in that group. A 1% increase in the group-specific unemployment rate is associated with an approximately 0.015% increase in the group-specific mortality rate, which is consistent with the hypothesis that, while state-level unemployment may have indirect health benefits, being personally affected by a recession has a detrimental effect on health.

Suggested Citation

  • Crost, Benjamin & Friedson, Andrew, 2017. "Recessions and health revisited: New findings for working age adults," Economics & Human Biology, Elsevier, vol. 27(PA), pages 241-247.
  • Handle: RePEc:eee:ehbiol:v:27:y:2017:i:pa:p:241-247
    DOI: 10.1016/j.ehb.2017.07.002
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    Cited by:

    1. Janke, Katharina & Lee, Kevin & Propper, Carol & Shields, Kalvinder & Shields, Michael A., 2020. "Macroeconomic Conditions and Health in Britain: Aggregation, Dynamics and Local Area Heterogeneity," IZA Discussion Papers 13091, Institute of Labor Economics (IZA).
    2. Toffolutti, Veronica & Suhrcke, Marc, 2019. "Does austerity really kill?," Economics & Human Biology, Elsevier, vol. 33(C), pages 211-223.
    3. Giorgio Mattei & Barbara Pistoresi & Gianmaria Galeazzi, 2020. "La relazione tra credito e comportamento suicidario in Italia," Department of Economics 0161, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    4. Wang, Huixia & Wang, Chenggang & Halliday, Timothy J., 2018. "Health and health inequality during the great recession: Evidence from the PSID," Economics & Human Biology, Elsevier, vol. 29(C), pages 17-30.
    5. Nizalova, Olena & Norton, Edward C., 2021. "Long-term effects of job loss on male health: BMI and health behaviors," Economics & Human Biology, Elsevier, vol. 43(C).
    6. Chenggang Wang & Huixia Wang & Timothy J. Halliday, 2017. "Health and Health Inequality during the Great Recession: Evidence from the PSID," Working Papers 201703, University of Hawaii at Manoa, Department of Economics.
    7. Otrachshenko, Vladimir & Popova, Olga & Solomin, Pavel, 2018. "Misfortunes never come singly: Consecutive weather shocks and mortality in Russia," Economics & Human Biology, Elsevier, vol. 31(C), pages 249-258.
    8. Wang, Qing & Tapia Granados, José A., 2019. "Economic growth and mental health in 21st century China," Social Science & Medicine, Elsevier, vol. 220(C), pages 387-395.
    9. Laura Argys & Andrew Friedson & M. Melinda Pitts, 2016. "Killer Debt: The Impact of Debt on Mortality," FRB Atlanta Working Paper 2016-14, Federal Reserve Bank of Atlanta.
    10. Marcus Dillender & Andrew I. Friedson & Cong T. Gian & Kosali I. Simon, 2021. "Is Healthcare Employment Resilient and “Recession Proof”?," NBER Working Papers 29287, National Bureau of Economic Research, Inc.
    11. Colleen Carey & Nolan H. Miller & David Molitor, 2022. "Why Does Disability Increase During Recessions? Evidence from Medicare," NBER Working Papers 29988, National Bureau of Economic Research, Inc.
    12. Lowenstein, Christopher, 2024. "“Deaths of despair” over the business cycle: New estimates from a shift-share instrumental variables approach," Economics & Human Biology, Elsevier, vol. 53(C).
    13. Manel Antelo & Pilar Magdalena & Juan C. Reboredo & Francisco Reyes-Santias, 2020. "How Are Unemployed Individuals with Obesity Affected by an Economic Crisis?," Sustainability, MDPI, vol. 12(6), pages 1-17, March.

    More about this item

    Keywords

    Mortality; Unemployment; Recessions;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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