Financial Crisis, Health Outcomes and Aging: Mexico in the 1980s and 1990s /
Cutler, David M.
Financial Crisis, Health Outcomes and Aging: Mexico in the 1980s and 1990s / David M. Cutler, Felicia Knaul, Rafael Lozano, Oscar Mendez, Beatriz Zurita. - Cambridge, Mass. National Bureau of Economic Research 2000. - 1 online resource: illustrations (black and white); - NBER working paper series no. w7746 . - Working Paper Series (National Bureau of Economic Research) no. w7746. .
June 2000.
We study the impact of economic crisis on health in Mexico. There have been four wide-scale economic crises in Mexico in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates were about 5 to 7 percent higher in the crisis years compared to the years just prior to the crisis. This translates into a 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find tentative evidence that economic crises affect mortality by reducing incomes and possibly by placing a greater burden on the medical sector, but not by forcing less healthy members of the population to work or by forcing primary caregivers to go to work.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
Financial Crisis, Health Outcomes and Aging: Mexico in the 1980s and 1990s / David M. Cutler, Felicia Knaul, Rafael Lozano, Oscar Mendez, Beatriz Zurita. - Cambridge, Mass. National Bureau of Economic Research 2000. - 1 online resource: illustrations (black and white); - NBER working paper series no. w7746 . - Working Paper Series (National Bureau of Economic Research) no. w7746. .
June 2000.
We study the impact of economic crisis on health in Mexico. There have been four wide-scale economic crises in Mexico in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates were about 5 to 7 percent higher in the crisis years compared to the years just prior to the crisis. This translates into a 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find tentative evidence that economic crises affect mortality by reducing incomes and possibly by placing a greater burden on the medical sector, but not by forcing less healthy members of the population to work or by forcing primary caregivers to go to work.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.