Reichmuth, Wolfgang H.; Sarferaz, Samad - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008
We analyze the impact of short-run economic fluctuations on age-specific mortality usingBayesian time series … autoregressions of a latent mortality variable and of unemployment andGDP growth as main business cycle indicators. We find that young … adults noticeablydiffer from the rest of the population. They exhibit increased mortality in a recession,whereas most of the …