A new GLO Discussion Paper finds that periods ahead of an unemployment event, health outcomes decline and unmet needs for medical care increase.
GLO Discussion Paper No. 981, 2021
Unemployment and health: a panel event study – Download PDF
by Raftopoulou, Athina & Giannakopoulos, Nicholas
GLO Fellow Nicholas Giannakopoulos
Author Abstract: Adopting a panel event study framework, we estimate the effect of unemployment on health outcomes by exploiting the variation in the timing of entering unemployment using longitudinal data for Greece. We find, that in the periods ahead of an unemployment event, health outcomes decline and unmet needs for medical care increase. These findings are valid only for men and are robust to alternative definitions of health outcomes, unemployment events and model specifications.
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