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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29817 |
来源ID | Working Paper 29817 |
Economic Crises and Mental Health: Effects of the Great Recession on Older Americans | |
David M. Cutler; Noémie Sportiche | |
发表日期 | 2022-03-07 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We examine the effect of the Great Recession of 2007-2009 on the mental health of older adults, using longitudinal Health and Retirement Study data linked to area-level data on house prices. We use a variety of measures to capture mental health and rely on the very large cross-sectional variation in falling house prices to identify the impact of the Great Recession on those outcomes. We also account for people who moved in response to falling prices by fixing each person’s location immediately prior to the house price collapse. Our central finding is that the Great Recession had heterogeneous effects on health. While mental health was not affected for the average older adult, mental health declined among homeowners with few financial assets, who were therefore more vulnerable to falling house prices. Importantly, health impacts in this group differed by race and ethnicity: depression and functional limitations worsened among Black and other non-white homeowners and medication use increased among white homeowners. There were no measurable impacts for Hispanic homeowners. These results highlight the importance of examining heterogeneity across multiple dimensions when examining the health impacts of economic conditions. |
主题 | Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w29817 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587491 |
推荐引用方式 GB/T 7714 | David M. Cutler,Noémie Sportiche. Economic Crises and Mental Health: Effects of the Great Recession on Older Americans. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29817.pdf(23275KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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