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Ill Economy, Healthy People?: Examining the Recession-Health Relationship Using Finnish Panel Data
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2019 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The purpose of this paper is to estimate what the effects of a temporary regional economic recession are on health. To conduct the study, the paper utilises detailed Finnish register data for the period 2004 to 2014. The econometric methodology applied in this paper are panel regressions using fixed effects both at the individual and aggregate levels. Using detailed hospital discharge data, this paper finds that morbidity measures of health deteriorate as unemployment increases, with the exception mental health related diagnoses. In contrast, mortality is found to decrease by 0.6% for a one percentage point increase in unemployment. Subgroup analysis shows that health effects of recessions are heterogenous across different age-groups, as young adults experience most negative outcomes. Migration bias has a noticeable effect on the results, and may cause the estimates to be stronger than otherwise expected.

Place, publisher, year, edition, pages
2019. , p. 65
Keywords [en]
Health economics, Migration Bias, Recession, Health, Unemployment, Finland, Subregions, Panel fixed effects
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-377970OAI: oai:DiVA.org:uu-377970DiVA, id: diva2:1292493
Educational program
Master Programme in Economics
Supervisors
Examiners
Available from: 2019-03-01 Created: 2019-02-28 Last updated: 2019-03-01Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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