TY  - JOUR
AU  - Evans,William N.
AU  - Moore,Timothy J.
TI  - The Short-Term Mortality Consequences of Income Receipt
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15311
PY  - 2009
Y2  - September 2009
UR  - http://www.nber.org/papers/w15311
L1  - http://www.nber.org/papers/w15311.pdf
N1  - Author contact info:
William N. Evans
Keough-Hesburgh Professor of Economics
Department of Economics and Econometrics
447 Flanner Hall
University of Notre Dame
Notre Dame, IN 46556
Tel: 574-631-7039
E-Mail: wevans1@nd.edu

Timothy John. Moore
E-Mail: moore@econ.umd.edu
AB  - Many studies find that households increase their consumption after the receipt of expected income payments, a result inconsistent with the life-cycle/permanent income hypothesis.  Consumption can increase adverse health events, such as traffic accidents, heart attacks and strokes.  In this paper, we examine the short-term mortality consequences of income receipt.  We find that mortality increases following 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 mortality is large, potentially eliminating some of the protective benefits of additional income.
ER  -