G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14325
DP14325 Socioeconomic Decline and Death: Midlife Impacts of Graduating in a Recession
Hannes Schwandt; Till von Wachter
发表日期2020-01-17
出版年2020
语种英语
摘要This paper uses several large cross-sectional data sources and a new approach to estimate midlife effects of entering the labor market in a recession on mortality by cause and various measures of socioeconomic status. We find that cohorts coming of age during the deep recession of the early 1980s suffer increases in mortality that appear in their late 30s and further strengthen through age 50. We show these mortality impacts are driven by disease-related causes such as heart disease, lung cancer, and liver disease, as well as drug overdoses. At the same time, unlucky middle-aged labor market entrants earn less and work more while receiving less welfare support. They are also less likely to be married, more likely to be divorced, and experience higher rates of childlessness. Our findings demonstrate that temporary disadvantages in the labor market during young adulthood can have substantial impacts on lifetime outcomes, can affect life and death in middle age, and go beyond the transitory initial career effects typically studied.
主题Labour Economics
URLhttps://cepr.org/publications/dp14325
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543217
推荐引用方式
GB/T 7714
Hannes Schwandt,Till von Wachter. DP14325 Socioeconomic Decline and Death: Midlife Impacts of Graduating in a Recession. 2020.
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