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Title:Income volatility and health PDF Logo
Authors:Halliday, Timothy J.
Issue Date:2007
Series/Report no.:IZA Discussion Papers 3234
Abstract:We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of Income Dynamics using techniques from the literature on the estimation of dynamic panel data models. Contrary to much of the previous literature on health and socio-economic status, we find that, on average, adverse income shocks lead to a deterioration of health. These effects are most pronounced for working-aged men and are dominated by transitions into the very bottom of the earnings distribution.
Subjects:Gradient
health
dynamic panel data models
recessions
JEL:I0
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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