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Using data for six OECD countries, this paper studies the effect of macroeconomic conditions on the mortality index kt … relationship between the state of the economy and mortality is found to change from procyclical to countercyclical in all six … variation in the mortality index. -- Demography ; Lee-Carter ; business cycle ; time series model …
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mortality risk reductions. We find similar Value of Statistical Life estimates across the two studies, ranging from USD 930 …
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