Halliday, Timothy J. - Institute for the Study of Labor (IZA) - 2007
We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of … previous literature on health and socio-economic status, we find that, on average, adverse income shocks lead to a … deterioration of health. These effects are most pronounced for working-aged men and are dominated by transitions into the very …