The Short-Term Mortality Consequences of Income Receipt / William N. Evans, Timothy J. Moore.

Format:

Book

Author/Creator:

Evans, William N.

Contributor:

National Bureau of Economic Research.

Moore, Timothy J.

Series:

Working Paper Series (National Bureau of Economic Research) no. w15311.

NBER working paper series no. w15311

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2009.

Summary:

Many studies find that households increase their consumption after the receipt of expected income payments, a result inconsistent with the life-cycle/permanent income hypothesis. Consumption can increase adverse health events, such as traffic accidents, heart attacks and strokes. In this paper, we examine the short-term mortality consequences of 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, potentially eliminating some of the protective benefits of additional income.

Notes:

Print version record

September 2009.