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

35 Pages Posted: 5 Jun 2017

See all articles by Chenggang Wang

Chenggang Wang

Texas Tech University - Department of Agricultural and Applied Economics

Huixia Wang

Hunan University

Timothy Halliday

University of Hawaii - Department of Economics; IZA Institute of Labor 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. Mental health was also adversely impacted and reports of chronic drinking increased. 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

JEL Classification: I0, I12, I14

Suggested Citation

Wang, Chenggang and Wang, Huixia and Halliday, Timothy, Health and Health Inequality During the Great Recession: Evidence from the PSID. IZA Discussion Paper No. 10808, Available at SSRN: https://ssrn.com/abstract=2979955

Chenggang Wang (Contact Author)

Texas Tech University - Department of Agricultural and Applied Economics ( email )

Suite 167, 2625 Memorial Circle
TTU Administration
Lubbock, TX 79409
United States

Huixia Wang

Hunan University ( email )

Timothy Halliday

University of Hawaii - Department of Economics ( email )

Honolulu, HI 96822
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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