unemployment duration and rates. At the same time, more than 30% of black households had a negative net worth. A dynamic general …

We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of … Income Dynamics using techniques from the literature on the estimation of dynamic panel data models. Contrary to much of the … previous literature on health and socio-economic status, we find that, on average, adverse income shocks lead to a …