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Are recessions good for your health behaviors? : impacts of the economic crisis in Iceland

Author: Tinna Laufey Ásgeirsdóttir; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2012.
Series: Working paper series (National Bureau of Economic Research), no. 18233.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This study exploits the October 2008 economic crisis in Iceland to identify the effects of a macroeconomic downturn on a range of health behaviors. Using longitudinal survey data that include pre- and post- reports from the same individuals, we investigate the effects of the crisis on smoking, heavy drinking, dietary behaviors, sleep, and other health behaviors and investigate changes in work hours, real income,  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tinna Laufey Ásgeirsdóttir; National Bureau of Economic Research.
OCLC Number: 801401162
Notes: Title from http://www.nber.org/papers/18233 viewed July 23, 2012.
Description: 1 online resource (48 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 18233.
Responsibility: Tinna Laufey Ásgeirsdóttir [and others].

Abstract:

This study exploits the October 2008 economic crisis in Iceland to identify the effects of a macroeconomic downturn on a range of health behaviors. Using longitudinal survey data that include pre- and post- reports from the same individuals, we investigate the effects of the crisis on smoking, heavy drinking, dietary behaviors, sleep, and other health behaviors and investigate changes in work hours, real income, wealth, and mental health as potential mediators. We also consider the role of prices in shaping health behaviors and compute participation elasticities for the various behaviors. We find that the crisis led to reductions in all health-compromising behaviors examined and that it led to reductions in certain health-promoting behaviors but increases in others. The individual-level mediators explained some, but not all of the effects. We infer that price increases played a large role in the effects of the crisis on health behaviors.

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