Scandinavian Working Papers in Economics

Working Paper Series,
IFAU - Institute for Evaluation of Labour Market and Education Policy

No 2017:28: Mortality and the business cycle: Evidence from individual and aggregated data

Gerard J. van den Berg (), Ulf G. Gerdtham, Stephanie von Hinke, Maarten Lindeboom, Jan Sundquist, Johannes Lissdaniels and Kristina Sundquist
Additional contact information
Gerard J. van den Berg: Department of Economics, University of Bristol; IFAU
Ulf G. Gerdtham: Health Economics Unit, Department of Clinical Sciences, Malmö, Lund University; Department of Economics, Lund University; Centre fo Economic Demography, Lund University
Stephanie von Hinke: Department of Economics, University of Bristol
Maarten Lindeboom: School of Business and Economics, Lund University
Jan Sundquist: Faculty of Medicine, Lund University
Johannes Lissdaniels: Health Economics Unit, Dept. of Clinical Sciences, Lund University; Swedish Agency for Health and Care Services Analysis
Kristina Sundquist: Faculty of Medicine, Lund University

Abstract: There has been much interest recently in the relationship between economic conditions and mortality, with some studies showing that mortality is pro-cyclical, while others find the opposite. Some suggest that the aggregation level of analysis (e.g. individual vs. regional) matters. We use both individual and aggregated data on a sample of 20-64 year-old Swedish men from 1993 to 2007. Our results show that the association between the business cycle and mortality does not depend on the level of analysis: the sign and magnitude of the parameter estimates are similar at the individual level and the aggregate (county) level; both showing pro-cyclical mortality.

Keywords: Death; recession; Health; unemployment; income; aggregation

JEL-codes: E30; I10; I12

25 pages, December 29, 2017

Note: Published in: Journal of Health Economics, December 2017, vol. 56, pp. 61-70, "https://doi.org/10.1016/j.jhealeco.2017.09.005"

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