The Impact of Income Shocks on Health: Evidence from Cohort Data

Jerome Adda, James Banks and Hans-Martin von Gaudecker

No 7146, MEA discussion paper series from Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy

Abstract: We study the effect of permanent income innovations on health for a prime-aged population. Using information on more than half a million individuals sampled over a twenty-five year period in three different cross-sectional surveys we aggregate data by date-of-birth cohort to construct a ’synthetic cohort’ dataset with details of income, expenditure, socio-demographic factors, health outcomes and selected risk factors. We then exploit structural and arguably exogenous changes in cohort incomes over the eighties and nineties to uncover causal effects of permanent income shocks on health. We find that such income innovations have little effects on health, but do affect health behaviour and mortality.

Date: 2007-08-13
New Economics Papers: this item is included in nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://mea.mpisoc.mpg.de/uploads/user_mea_discussi ... 7iaxbn05d_146-07.pdf (application/pdf)

Related works:
Journal Article: The Impact of Income Shocks on Health: Evidence from Cohort Data (2009)
Working Paper: The Impact of Income Shocks on Health: Evidence from Cohort Data (2008)
Working Paper: The impact of income shocks on health: evidence from cohort data (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mea:meawpa:07146

Ordering information: This working paper can be ordered from
bibliothek@mpisoc.mpg.de

Access Statistics for this paper

More papers in MEA discussion paper series from Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy, Amalienstraße 33, 80799 München, Germany.
Bibliographic data for series maintained by Henning Frankenberger (bibliothek@mpisoc.mpg.de).