Business Cycles, Migration and Health SECOND DRAFT
نویسنده
چکیده
This paper uses data from the PSID to investigate how selective migration affects the relationship between business cycles and health. We show that, among the healthy, migration is used to insure against macroeconomic fluctuations. However, among the unhealthy, there is no relationship between migration and business cycles. In other words, illness erases a person’s ability to use migration to hedge against business cycle fluctuations. This suggests that recessions should induce an out-migration of disproportionately healthy people from economically depressed areas. This implies that ceterus paribus mortality and morbidity rates should be counter-cyclical. JEL Classification: J10, J61 ∗Address: 2424 Maile Way; Saunders Hall 533; Honolulu, HI 96822; USA. Tele: (808) 956 8615. E-mail: [email protected]. WWW: www2.hawaii.edu/~halliday.
منابع مشابه
Business cycles, migration and health.
We investigate the proposition that illness poses as an obstacle to one's ability to use migration to hedge the business cycle. We employ data on migration, regional unemployment rates and health status from 10 years (1984-1993) of the US Panel Study of Income Dynamics. Our results provide considerable for support this proposition. The evidence is the strongest for men, but we also find weaker ...
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