Job Loss: Eat, Drink and Try to Be Merry?
City University of New York, CUNY Hunter College - Department of Economics
Jason M. Fletcher
Yale University - School of Public Health
Jody L. Sindelar
Yale University - School of Public Health; National Bureau of Economic Research (NBER)
NBER Working Paper No. w15122
This paper examines the impact of job loss from business closings on body mass index (BMI) and alcohol consumption. We improve upon extant literature by using: exogenously determined business closings, a sophisticated estimation approach (finite mixture models) to deal with complex heterogeneity, and national, longitudinal data (Health and Retirement Study). For both alcohol consumption and BMI, we find evidence that individuals who are more likely to respond to job loss by increasing unhealthy behaviors are already in the problematic range for these behaviors before losing their jobs. Thus health effects of job loss could be concentrated among "at risk" individuals.
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Number of Pages in PDF File: 41
JEL Classification: C13, I1, J69working papers series
Date posted: July 21, 2009
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