Health Shocks and Economic Well-being of the Aging Population: Evidence from Mexico.

ABSTRACT: We exploit the longitudinal Mexican Health and Aging Study to estimate the effects of health shocks in the short-run on the subsequent economic well-being of the aging population in Mexico. While there is substantial evidence indicating negative economic effects of such changes in industrialized countries, little is known about health impacts on the future economic position of older adults in low- and middle-income countries. This paper takes an important step towards filling this gap in knowledge. Our results are widely relevant, with a large percentage of the world's population residing in developing countries such as Mexico that are experiencing rapid aging. We find evidence of negative impacts of health shocks on subsequent economic well-being of older adults in Mexico, but the effect

SUBMITTER: DeGraff DS 

PROVIDER: S-EPMC9674121 | biostudies-literature | 2022 Sep

REPOSITORIES: biostudies-literature