AbstractLongitudinal survey data describing 6,190 subjects are analyzed using log-linear methods to determine which, if any, of three hypothesized links between short-term community economic change and illness or injury is correct. The first possible link assumes that economic contraction increases the incidence of undesirable job and financial events that, in turn, increase the incidence of illness and injury. The second possible connection assumes that economic change per se increases the incidence of undesirable job and financial events and, therefore, the incidence of illness and injury. The third connection assumes that economic change per se increases the incidence of all job and financial events and therefore the incidence of illness and injury. The data support the first hypothesized connection, but the process is observed only in middle socio-economic status respondents. While undesirable job and financial experiences increase the likelihood of illness or injury for high and low SES groups, high SES respondents are less likely to experience such events during periods of contraction of the local economy than during expansion. The risk of low SES respondents having undesirable job and financial events did not vary longitudinally with the performance of the local economy. Show
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Rights and permissionsCopyright information© 1983 Springer-Verlag Berlin Heidelberg About this paperCite this paperCatalano, R., Dooley, D. (1983). The Health Effects of Economic Instability: A Test of the Economic Stress Hypothesis. In: John, J., Schwefel, D., Zöllner, H. (eds) Influence of Economic Instability on Health. Lecture Notes in Medical Informatics, vol 21. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-07891-4_8 Download citation
Which of the three following were indicators of economic instability in the US?The three main impacts of economic instability include business cycle, inflation, and unemployment.
Which of the following are indicators of economic instability?Important indicators of economic instability in rural areas include unemployment rates, housing and food insecurity, and poverty rates.
What are three effects of economic instability?Economic Instability Effects
The three main impacts of economic instability include: business cycle, inflation, and unemployment.
How do you measure economic instability?1. Real GDP per capita Gross domestic product (GDP) is an important indicator of economic stability because it monitors the overall growth or output of a given area. For instance, when Real GDP rises, it indicates that there has been growth in the region (Mankiw, 2001).
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