G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28304
来源IDWorking Paper 28304
The Long-Term Impact of the COVID-19 Unemployment Shock on Life Expectancy and Mortality Rates
Francesco Bianchi; Giada Bianchi; Dongho Song
发表日期2021-01-04
出版年2021
语种英语
摘要We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and mortality rates. We fit Vector-autoregressions for the overall US population and for groups identified based on gender and race. We use our results to assess the long-run effects of the COVID-19 economic recession on mortality and life expectancy. We estimate the size of the COVID-19-related unemployment shock to be between 2 and 5 times larger than the typical unemployment shock, depending on race and gender, resulting in a significant increase in mortality rates and drop in life expectancy. We also predict that the shock will disproportionately affect African-Americans and women, over a short horizon, while the effects for white men will unfold over longer horizons. These figures translate in more than 0.8 million additional deaths over the next 15 years.
主题Econometrics ; Estimation Methods ; Macroeconomics ; Business Cycles ; Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; COVID-19
URLhttps://www.nber.org/papers/w28304
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/585977
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Francesco Bianchi,Giada Bianchi,Dongho Song. The Long-Term Impact of the COVID-19 Unemployment Shock on Life Expectancy and Mortality Rates. 2021.
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