NBER Publications by Felicia Knaul
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| June 2000 | Financial Crisis, Health Outcomes and Aging: Mexico in the 1980s and 1990s
with David M. Cutler, Rafael Lozano, Oscar Mendez, Beatriz Zurita: w7746
We study the impact of economic crisis on health in Mexico. There have been four wide-scale economic crises in Mexico in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates were about 5 to 7 percent higher in the crisis years compared to the years just prior to the crisis. This translates into a 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find tentative evidence that economic crises affect mortality by reducing incomes and possibly by placing a greater burden on the medical sector, but not by forcing less healthy members of the popula... |
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