Bloemen, H., Hochguertel, S. and Zweerink, J. (2018). Job loss, firm-level heterogeneity and mortality: Evidence from administrative data Journal of Health Economics, 59:78--90.
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Affiliated author
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Publication year2018
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JournalJournal of Health Economics
This paper estimates the effect of job loss on mortality for older male workers with a strong labor force attachment. Using Dutch administrative data, we find that job loss due to firm closure increased the probability of death within five years by a sizable 0.60 percentage points. Importantly, this effect is estimated using a model that controls for firm-level worker characteristics, such as lagged firm-level annual average mortality rates. On the mechanism driving the effect of job loss on mortality, we provide evidence for an effect running through stress and changes in life style.