Full Citation

Title: The Short-Term Mortality Consequences of Income Receipt

Citation Type: Working Paper

Publication Year: 2009

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Abstract: Many studies find that households increase their consumption after the receipt of expected incomepayments, a result inconsistent with the life-cycle/permanent income hypothesis. Consumption canincrease adverse health events, such as traffic accidents, heart attacks and strokes. In this paper, weexamine the short-term mortality consequences of income receipt. We find that mortality increasesfollowing 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 mortalityis large, potentially eliminating some of the protective benefits of additional income.

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Authors: Moore, Timothy J.; Evans, William N.

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Publication Number: 15311

Institution: National Bureau of Economic Research

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Publisher Location: Cambridge, MA

Data Collections: IPUMS NHGIS

Topics: Fertility and Mortality, Other

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