Research on Monday Rotterdam

Speaker(s)
Christopher Ruhm (University of Virginia, United States)
Date
Monday, September 21, 2015
Location
Rotterdam

This analysis summarizes the results of related research and uses national, state and county level data from the United States over the period 1976-2013 to examine whether the mortality effects economic crises differ in kind from those of the more typical fluctuations that have been previously examined. The tentative conclusion is that economic crises affect mortality rates (and presumably other measures of health) in the same way as less severe downturns: namely, they lead to improvements in physical health. The effects of severe national recessions in the United States, appear to have a beneficial effect on mortality that is roughly twice as strong as that predicted due to the elevated unemployment rates alone while the higher predicted rate of suicides during typical periods of economic weakness is approximately offset during severe recessions. No consistent pattern is obtained for more localized economic crises occurring at the state level – some estimates suggest larger protective mortality effects while others indicate offsetting deleterious consequences.

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