Socioeconomic Decline and Death: Midlife Impacts of Graduating in a Recession.

Autor/inn/en	Schwandt, Hannes; Wachter, Till Marco von
Institution	National Bureau of Economic Research
Titel	Socioeconomic Decline and Death: Midlife Impacts of Graduating in a Recession. Gefälligkeitsübersetzung: Sozioökonomischer Abstieg und Mortalität: Einfluss des Studienabschlusses in einer Rezession im mittleren Lebensalter.
Quelle	Cambridge, Mass. (2020), 69 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper. 26638
Sprache	englisch
Dokumenttyp	online; Monographie
DOI	10.3386/w26638
Schlagwörter	Ehescheidung; Kinderzahl; Herzkrankheit; Drogenabhängigkeit; Gesundheitszustand; Krebs (Med); Sozioökonomischer Faktor; Sterblichkeit; Rezession; Arbeitslosenquote; Mittleres Lebensalter; Auswirkung; USA
Abstract	"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 tempo- rary 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." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/3