The short-term mortality consequences of income receipt

William Evans and Timothy Moore

Journal of Public Economics, 2011, vol. 95, issue 11, 1410-1424

Abstract: Researchers and retailers have documented that consumption declines before the receipt of income, and then rises afterwards. In this paper, we identify a related phenomenon, where mortality rises immediately after income receipt. We find that mortality increases following the arrival of monthly Social Security payments, regular wage payments for military personnel, the 2001 tax rebates, and Alaska Permanent Fund dividend payments. The increase in short-run mortality is large, and occurs for many different causes of death.

Keywords: Mortality; Income; Consumption; Permanent income hypothesis; Liquidity constraints (search for similar items in EconPapers)
JEL-codes: D91 H31 H55 I10 I12 I38 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (77)

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Related works:
Working Paper: The Short-Term Mortality Consequences of Income Receipt (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:95:y:2011:i:11:p:1410-1424

DOI: 10.1016/j.jpubeco.2011.05.010

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