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one percentage point reduction in unemployment is predicted to raise AMI mortality by 1.3 percent, with a larger increase … the frail elderly. AMI mortality risk quickly rises when the economy strengthens and increases further if the favorable … health being a durable capital stock that is affected by flows of lifestyle behaviors and environmental conditions whose …
Persistent link: https://www.econbiz.de/10004969350
This paper investigates the relationship between macroeconomic conditions, alcohol use, and drinking problems using individual-level data from the 1987-1999 years of the Behavioral Risk Factor Surveillance System. We confirm the procyclical variation in overall drinking identified in previous...
Persistent link: https://www.econbiz.de/10005714728
This study uses microdata from the 1972-1981 National Health Interview Surveys to examine how health status and medical … countercyclical variation in physical health that is especially pronounced for individuals of prime-working age, employed persons, and … males. The negative health effects of economic expansions accumulate over several years, are larger for acute than chronic …
Persistent link: https://www.econbiz.de/10005714750
changes in behaviors supply one mechanism for the procyclical variation in mortality and morbidity observed in recent research. …
Persistent link: https://www.econbiz.de/10005830822
Although health is conventionally believed to deteriorate during macroeconomic downturns, the empirical evidence …. Recent research that better controls for many sources of omitted variables bias instead suggests that mortality decreases and … physical health improves when the economy temporarily weakens. This partially reflects reductions in external sources of death …
Persistent link: https://www.econbiz.de/10005088660
While previous studies have shown that recessions are associated with better health outcomes and behaviors, the focus … previously established counter-cyclical pattern in health and heath behaviors is held during the Great Recession. Using data from … capturing health and health behaviors, we show that the association between economic deterioration and these outcomes has …
Persistent link: https://www.econbiz.de/10010821731
We examine the first-order internal effects of unemployment on a range of health behaviors during the most recent … health behaviors, across the intensive and extensive margins, across the outcome distribution, and across gender. …
Persistent link: https://www.econbiz.de/10011098924
We incorporate reference-dependent worker behavior into a search-matching model of the labor market, in which firms have all the bargaining power and productivity follows a log-linear AR(1) process. Motivated by Akerlof (1982) and Bewley (1999), we assume that existing workers' output falls...
Persistent link: https://www.econbiz.de/10010969211
There are two obvious possibilities that can account for the rise in productivity during recent recessions. The first is that the decline in the workforce was not random, and that the average worker was of higher quality during the recession than in the preceding period. The second is that each...
Persistent link: https://www.econbiz.de/10010969215
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and the Great Recession. We estimate the model over the...
Persistent link: https://www.econbiz.de/10010969287