We analyze the impact of short-run economic fluctuations on age-specific mortality using Bayesian time series … econometrics and contribute to the debate on the procyclicality of mortality. For the first time, we examine the differing … a latent mortality variable and of unemployment and GDP growth as main business cycle indicators. We find that young …

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 …