Income receipt and mortality - Evidence from Swedish public sector employees

• 成果类型: Article
• 署名作者: Andersson, Elvira; Lundborg, Petter; Vikstrom, Johan
• 署名单位: Lund University; Lund University; IZA Institute Labor Economics; Uppsala University; Uppsala University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2015.08.006
• 发表日期: 2015
• 页码: 21-32
• 关键词: income; mortality; HEALTH; consumption; liquidity constraints; permanent income hypothesis

摘要

In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By exploiting variation in paydays across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events coinciding with paydays and for general within-month and within-week mortality patterns. We find a dramatic increase in mortality on the day that salaries arrive. The increase is especially pronounced for younger workers and for deaths due to activity-related causes such as heart conditions and strokes. The effect is entirely driven by an increase in mortality among low income individuals, who are more likely to experience liquidity constraints. All things considered, our results suggest that an increase in general economic activity on salary receipt is an important cause of the excess mortality. (C) 2015 Elsevier B.V. All rights reserved.