The Economics of Grief

39 Pages Posted: 6 Sep 2017

See all articles by Gerard J. van den Berg

Gerard J. van den Berg

VU University Amsterdam - Department of Economics; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics; Tinbergen Institute

Petter Lundborg

Lund University School of Economics and Management; Tinbergen Institute; IZA Institute of Labor Economics

Johan Vikström

Uppsala University; IFAU - Institute for Labour Market Policy Evaluation

Multiple version iconThere are 2 versions of this paper

Date Written: September 2017

Abstract

We study the short‐run and long‐run economic impact of one of the largest losses that an individual can face; the death of a child. We utilise unique registers on the entire Swedish population, combining information on the date and cause of death with parental outcomes. We exploit the longitudinal dimension of the data and deal with several selection issues. Losing a child has adverse effects on labour income, employment status, marital status and hospitalisation. The value of policy measures aimed at preventing mortal accidents of children is underestimated if it does not take bereavement effects on parents into account.

Suggested Citation

van den Berg, Gerard J. and Lundborg, Petter and Vikström, Johan, The Economics of Grief (September 2017). The Economic Journal, Vol. 127, Issue 604, pp. 1794-1832, 2017. Available at SSRN: https://ssrn.com/abstract=3031017 or http://dx.doi.org/10.1111/ecoj.12399

Gerard J. Van den Berg (Contact Author)

VU University Amsterdam - Department of Economics ( email )

De Boelelaan 1105
1081 HV Amsterdam
Netherlands
+31 20 444 6132 (Phone)
+32 20 444 6020 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

IZA Institute of Labor Economics

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

Tinbergen Institute

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Petter Lundborg

Lund University School of Economics and Management ( email )

P.O Box 7080
Lund
Sweden

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

IZA Institute of Labor Economics

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

Johan Vikström

Uppsala University ( email )

Box 513
Uppsala, 751 20
Sweden

IFAU - Institute for Labour Market Policy Evaluation

Box 513
751 20 Uppsala
Sweden

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