Macroeconomic Shocks, Job Security, and Health

IF 3.1 2区 经济学 Q1 ECONOMICS American Journal of Health Economics Pub Date : 2020-06-01 DOI:10.1086/708929
D. Johnston, M. Shields, Agne Suziedelyte
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引用次数: 7

Abstract

How do exogenous changes in the macroeconomic environment affect workers’ perceived job security, and consequently, their mental and physical health? To answer this question, we exploit variation in world commodity prices over the period 2001–17 and analyze panel data that include detailed classifications of mining workers. We find that commodity price increases cause increases in perceived job security, which in turn, significantly and substantively improves the mental health of workers. In contrast, we find no effects on physical health. Our results imply that the estimated welfare costs of recessions are much larger when the effects of job insecurity, and not only unemployment, are considered.
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宏观经济冲击、就业保障和健康
宏观经济环境的外生变化如何影响工人的工作安全感,从而影响他们的身心健康?为了回答这个问题,我们利用了2001-2007年期间世界商品价格的变化,并分析了包括采矿工人详细分类在内的面板数据。我们发现,商品价格上涨会导致人们对工作安全感的提高,这反过来又会显著和实质性地改善工人的心理健康。相比之下,我们没有发现对身体健康的影响。我们的研究结果表明,当考虑到工作不安全的影响,而不仅仅是失业的影响时,衰退的估计福利成本要大得多。
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来源期刊
CiteScore
4.30
自引率
2.70%
发文量
34
期刊介绍: The American Journal of Health Economics (AJHE) provides a forum for the in-depth analysis of health care markets and individual health behaviors. The articles appearing in AJHE are authored by scholars from universities, private research organizations, government, and industry. Subjects of interest include competition among private insurers, hospitals, and physicians; impacts of public insurance programs, including the Affordable Care Act; pharmaceutical innovation and regulation; medical device supply; the rise of obesity and its consequences; the influence and growth of aging populations; and much more.
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