Replication data for: Recessions, Older Workers, and Longevity: How Long Are Recessions Good for Your Health?

Principal Investigator(s): View help for Principal Investigator(s) Courtney C. Coile; Phillip B. Levine; Robin McKnight

Version: View help for Version V1

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Project Citation:

Coile, Courtney C., Levine, Phillip B., and McKnight, Robin. Replication data for: Recessions, Older Workers, and Longevity: How Long Are Recessions Good for Your Health? Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114874V1

Project Description

Summary: Although past research has found that recessions reduce contemporaneous mortality, workers nearing retirement age may experience reduced longevity attributable to lengthy unemployment spells and lost health insurance at a particularly vulnerable time. To test this hypothesis, we generate age-specific cohort survival probabilities using 1965–2008 Vital Statistics mortality data and link them to labor market conditions at earlier ages. Our results indicate that experiencing a recession in one's late 50s reduces longevity. We also find that it leads to several years of reduced employment, health insurance coverage, and health care utilization, which may contribute to the lower long-term likelihood of survival.

Scope of Project

JEL Classification:
      E32 Business Fluctuations; Cycles
      I12 Health Behavior
      I13 Health Insurance, Public and Private
      J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
      J26 Retirement; Retirement Policies

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V1 [2019-10-13]

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