Health and Health Inequality during the Great Recession: Evidence from the PSID

Chenggang Wang (), Huixia Wang () and Timothy Halliday ()
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Chenggang Wang: Department of Economics, University of Hawaii
Huixia Wang: Hunan University, School of Economics and Trade
Timothy Halliday: University of Hawaii at Manoa, Department of Economics, University of Hawaii Economic Research Organization, IZA

No 201703, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: We estimate the impact of the Great Recession of 2007-2009 on health outcomes in the United States. We show that a one percentage point increase in the unemployment rate resulted in a 7.8-8.8 percent increase in reports of poor health. In addition, mental health was adversely impacted. These effects were concentrated among those with strong labor force attachments. Whites, the less educated, and women were the most impacted demographic groups.

Keywords: Great Recession; Health Behaviors; Health Outcomes; Inequality (search for similar items in EconPapers)
JEL-codes: I0 I12 I14 (search for similar items in EconPapers)
Date: 2017-10
New Economics Papers: this item is included in nep-hea
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