The Short-Run Effects of Unexpected Job Loss on Health

45 Pages Posted: 7 May 2022

See all articles by Jim Been

Jim Been

Leiden University - Department of Economics; Netspar

Eduard Suari-Andreu

affiliation not provided to SSRN

Marike Knoef

Leiden University; Leiden University, Institute of Tax Law and Economics; Netspar

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 effects of reduced work stress are larger than the immediate increase in financial stress from job loss.

Keywords: Health, Job loss, Expectations

Suggested Citation

Been, Jim and Suari-Andreu, Eduard and Knoef, Marike and Knoef, Marike, The Short-Run Effects of Unexpected Job Loss on Health. Available at SSRN: https://ssrn.com/abstract=4103074 or http://dx.doi.org/10.2139/ssrn.4103074

Jim Been (Contact Author)

Leiden University - Department of Economics ( email )

Steenschuur 25 PO Box 9520
Leiden, 2300 RA
Netherlands

HOME PAGE: http://www.law.leiden.edu/organisation/taxlawandeconomics/economics/staff/been.html

Netspar ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

Eduard Suari-Andreu

affiliation not provided to SSRN ( email )

No Address Available

Marike Knoef

Leiden University ( email )

Postbus 9500
Leiden, Zuid Holland 2300 RA
Netherlands

Leiden University, Institute of Tax Law and Economics ( email )

Postbus 9500
Leiden, Zuid Holland 2300 RA
Netherlands

Netspar

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

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