Economic Crisis, Mortality and Health Status. A New Perspective

36 Pages Posted: 23 Mar 2018

See all articles by Vincenzo Atella

Vincenzo Atella

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS); Department of Economics and Finance; University of Rome Tor Vergata - Faculty of Economics

Federico Belotti

University of Rome Tor Vergata - Department of Economics and Finance; University of Rome, Tor Vergata - Centre for Economics and International Studies (CEIS)

Joanna Kopinska

University of Rome Tor Vergata - Faculty of Economics; University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS)

Alessandro Palma

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS); DISAE - Department of Business and Economics

Andrea Piano Mortari

CEIS Tor Vergata

Date Written: February 20, 2018

Abstract

Since the seminal paper by Ruhm (2000), a large body of literature agrees on the existence of pro-cyclical fluctuation between economy’s performance and mortality, and this evidence has been confirmed also during the Great Recession (GR). In this study we identify a series of important limitations that may have severely affected previous results. For the first time in this literature we use patient level data collected by GPs in Italy, reporting mortality and objectively measured health information on a large representative population sample. We find a clear positive effect of a rise in unemployment on three important morbidity outcomes. The lag-lead analysis confirms the validity of our results, with changes in prevalences following the same dynamics of the unemployment rise since the starting of the economic slowdown. Our study shows also that the effect of unemployment on the total mortality is no longer significant when controlling for the existence of poor health conditions and suggests that the impact of severe economic downturns on population mortality should be reconsidered.

Keywords: health status, unemployment, mortality, economic crisis, Great Recession

JEL Classification: I10, E32, J20, Q53

Suggested Citation

Atella, Vincenzo and Belotti, Federico and Kopinska, Joanna and Palma, Alessandro and Piano Mortari, Andrea, Economic Crisis, Mortality and Health Status. A New Perspective (February 20, 2018). CEIS Woorking Paper No. 425. Available at SSRN: https://ssrn.com/abstract=3133063 or http://dx.doi.org/10.2139/ssrn.3133063

Vincenzo Atella

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS) ( email )

Via Columbia, 2
Rome, I-00133
Italy
+39 06 72595648 (Phone)

Department of Economics and Finance ( email )

Via Columbia 2
Roma, 00133
Italy

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia n.2
I-00133 Rome, 00133
Italy
+39 06 72595635 (Phone)
+30 06 2020 500 (Fax)

HOME PAGE: http://www.economia.uniroma2.it/sefemeq/professori/atella/

Federico Belotti

University of Rome Tor Vergata - Department of Economics and Finance

Via Columbia 2
Rome, RM 00133
Italy

University of Rome, Tor Vergata - Centre for Economics and International Studies (CEIS) ( email )

Via Columbia, 2
Rome, RM 00133
Italy

Joanna Kopinska

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia n.2
Rome, rome 00100
Italy

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS) ( email )

Via Columbia, 2
Rome
Italy

Alessandro Palma (Contact Author)

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS) ( email )

Via Columbia, 2
Rome, I-00133
Italy

DISAE - Department of Business and Economics ( email )

Italy

HOME PAGE: http://https://sites.google.com/view/alessandropalma/home

Andrea Piano Mortari

CEIS Tor Vergata ( email )

via Columbia, 2
Rome, rome 00133
Italy

HOME PAGE: http://www.ceistorvergata.it/area.asp?a=539&oc=817&d=1128

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