Showing 1 - 10 of 24,214
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 …
Persistent link: https://www.econbiz.de/10003796260
mortality and infant health and then consider how the estimated effects vary when the analysis is conducted at differing levels … local downturns lead to the greatest improvements in health in low-income states. -- health ; recessions ; mortality …This paper considers the relationship between local economic conditions and health with a focus on different approaches …
Persistent link: https://www.econbiz.de/10009740279
While previous studies have shown that recessions are associated with better health outcomes and behaviors, the focus … previously established counter-cyclical pattern in health and heath behaviors is held during the Great Recession. Using data from … capturing health and health behaviors, we show that the association between economic deterioration and these outcomes has …
Persistent link: https://www.econbiz.de/10009786469
the largest health gains during the last several decades. Nor was higher dispersion in mortality caused entirely by the …The 21st century has been a period of rising inequality in both income and health. In this study, we find that … geographic inequality in mortality for midlife Americans increased by about 70 percent from 1992 to 2016. This was not simply …
Persistent link: https://www.econbiz.de/10012661996
This article analyses the relevance of the extensive and the intensive margin of labour adjustment over the business cycle in Germany and in the United States. Previous research has found that, firstly, the extensive margin dominates and that, secondly, the relative relevance of the two margins...
Persistent link: https://www.econbiz.de/10011433362
We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...
Persistent link: https://www.econbiz.de/10003996447
We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...
Persistent link: https://www.econbiz.de/10008779865
A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can potentially explain the unemployment crisis in the Great Depression. The limited responses of wages from credible bargaining to labor market conditions, along with the congestion...
Persistent link: https://www.econbiz.de/10010411443
In this paper we use information on the cyclical variation of labor market participation to learn about the aggregate labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous participation. A model that is calibrated to replicate the...
Persistent link: https://www.econbiz.de/10009516939
This paper outlines a simple regression-based method to decompose the variance of an aggregate time series into the variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and employment to cyclical output growth across a panel...
Persistent link: https://www.econbiz.de/10009127619