The short-run effects of unexpected job loss on health

Been, J.;, Suari-Andreu, E.; and Knoef, M.;

Health, Econometrics and Data Group (HEDG) Working Papers from HEDG, c/o Department of Economics, University of York

Abstract: This paper provides new evidence on the effect of job loss on health. Using unique micro level panel data from the Netherlands with detailed information on health measures, employment, and job loss expectations, we estimate the immediate effect of unexpected job loss on health. We find no evidence for decreases in health, either physical or mental, upon job loss, but clear evidence for immediate reductions in headaches and fatigue. Our results suggest that the immediate effect of reduced work stress are larger than the immediate increase in financial stress from job loss.

Keywords: health; job loss; expectations (search for similar items in EconPapers)
JEL-codes: D84 I10 J22 J60 (search for similar items in EconPapers)
Date: 2022-07
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Persistent link: https://EconPapers.repec.org/RePEc:yor:hectdg:22/21

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