Estimating the Causal Impact of Macroeconomic Conditions on Income-Related Mortality
(2020) In Working papers- Abstract
- To-date the macroeconomic conditions-mortality literature on income-related inequality in mortality has relied on subgroup analysis, mainly using income as a stratification variable, but this nearly always causes selection bias yielding results that are hard to interpret. To solve this bad control problem, we apply a novel technique based on recentered influence function regression of overall income-related mortality measures, like the commonly used concentration index. We also highlight the importance of: i) measurement of relative versus absolute inequality; ii) measurement of inequality by population-level statistics of inequality (concentration indices) versus subgroup analysis; iii) measurement of short versus long-term income. We... (More)
- To-date the macroeconomic conditions-mortality literature on income-related inequality in mortality has relied on subgroup analysis, mainly using income as a stratification variable, but this nearly always causes selection bias yielding results that are hard to interpret. To solve this bad control problem, we apply a novel technique based on recentered influence function regression of overall income-related mortality measures, like the commonly used concentration index. We also highlight the importance of: i) measurement of relative versus absolute inequality; ii) measurement of inequality by population-level statistics of inequality (concentration indices) versus subgroup analysis; iii) measurement of short versus long-term income. We illustrate these issues and our suggested solution using detailed individual-level administrative data from Sweden. Our findings show that there overall is a (insignificant) counter-cyclical impact on mortality and its income-related inequality. During a sub-period of pronounced and significant counter-cyclical mortality we find support for accompanying counter-cyclical income-related inequality, but only when using short-term income. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/c0321665-3acf-4a39-a2c0-c8249c4c6f07
- author
- Gerdtham, Ulf-Göran LU ; Heckley, Gawain LU and Lissdaniels, Johannes LU
- organization
- publishing date
- 2020-11-09
- type
- Working paper/Preprint
- publication status
- published
- subject
- keywords
- Mortality, Macroeconomic conditions, Unemployment, Recentered influence function, Inequality, Concentration index, E32, I14
- in
- Working papers
- issue
- 2020:22
- pages
- 29 pages
- language
- English
- LU publication?
- yes
- id
- c0321665-3acf-4a39-a2c0-c8249c4c6f07
- date added to LUP
- 2020-11-16 10:22:40
- date last changed
- 2024-09-05 20:01:01
@misc{c0321665-3acf-4a39-a2c0-c8249c4c6f07, abstract = {{To-date the macroeconomic conditions-mortality literature on income-related inequality in mortality has relied on subgroup analysis, mainly using income as a stratification variable, but this nearly always causes selection bias yielding results that are hard to interpret. To solve this bad control problem, we apply a novel technique based on recentered influence function regression of overall income-related mortality measures, like the commonly used concentration index. We also highlight the importance of: i) measurement of relative versus absolute inequality; ii) measurement of inequality by population-level statistics of inequality (concentration indices) versus subgroup analysis; iii) measurement of short versus long-term income. We illustrate these issues and our suggested solution using detailed individual-level administrative data from Sweden. Our findings show that there overall is a (insignificant) counter-cyclical impact on mortality and its income-related inequality. During a sub-period of pronounced and significant counter-cyclical mortality we find support for accompanying counter-cyclical income-related inequality, but only when using short-term income.}}, author = {{Gerdtham, Ulf-Göran and Heckley, Gawain and Lissdaniels, Johannes}}, keywords = {{Mortality; Macroeconomic conditions; Unemployment; Recentered influence function; Inequality; Concentration index; E32; I14}}, language = {{eng}}, month = {{11}}, note = {{Working Paper}}, number = {{2020:22}}, series = {{Working papers}}, title = {{Estimating the Causal Impact of Macroeconomic Conditions on Income-Related Mortality}}, url = {{https://lup.lub.lu.se/search/files/194592394/WP20_22.pdf}}, year = {{2020}}, }