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Is Job Loss Always Bad for Health? Evidence from National Health Screening

Jisoo Hwang¹; Hyuncheol Bryant Kim^2,3; Jungmin Lee⁴

¹ College of Liberal Studies, Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul 08826, South Korea [email protected] · ² Department of Preventive Medicine, College of Medicine, Yonsei University · ³ Department of Economics and Division of Public Policy, Hong Kong University of Science and Technology [email protected] · ⁴ Department of Economics, Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul 08826, South Korea [email protected]

Abstract We examine the effect of job displacement on mortality, hospitalization, biomarkers, and health behaviors in South Korea. We find that the impact on health differs between severe and less severe outcomes and also by gender. Men experience little impact on mortality and hospitalization except for an increase in suicide deaths, whereas their biomarkers and health behaviors improve. Women experience an increase in mortality and hospitalization due to cancer, but no significant effects on biomarkers or health behaviors. The study emphasizes the need to consider a comprehensive range of outcomes to accurately evaluate the effect of job loss on health.

DOI

10.1162/rest_a_01578

Pages

1-49

Language

en

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