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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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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 …
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associated with higher mortality rates. During years when GDP falls, death rates rise, primarily in emerging market and … increases in mortality. In contrast, booms or periods of subdued growth are not associated with a marked decline in death rates …
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We analyze the effect of economic conditions early in life on individual mortality rate later in life, using business … indicators. We correct for secular changes over time and other mortality determinants. We nonparametrically compare those born in … a recession to those born in the preceding boom, and we estimate duration models where the individual's mortality rate …
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