The short-term mortality consequences of income receipt

• 成果类型: Article
• 署名作者: Evans, William N.; Moore, Timothy J.
• 署名单位: University of Notre Dame; National Bureau of Economic Research; University System of Maryland; University of Maryland College Park
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2011.05.010
• 发表日期: 2011
• 页码: 1410-1424
• 关键词: mortality; income; consumption; permanent income hypothesis; liquidity constraints

摘要

Researchers and retailers have documented that consumption declines before the receipt of income, and then rises afterwards. In this paper, we identify a related phenomenon, where mortality rises immediately after income receipt. We find that mortality increases following the arrival of monthly Social Security payments, regular wage payments for military personnel, the 2001 tax rebates, and Alaska Permanent Fund dividend payments. The increase in short-run mortality is large, and occurs for many different causes of death. (C) 2011 Published by Elsevier B.V.