Income inequality, health outcomes and financial crisis: novel evidence

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dc.contributor.authorAlexiou, Constantinos
dc.date.accessioned2023-05-24T08:25:57Z
dc.date.available2023-05-24T08:25:57Z
dc.date.issued2023-05-22
dc.description.abstractThis study revisits the existing relationship between income inequality and population health by subjecting it to a battery of empirical testing using different measures of inequality and health outcomes for 33 high-income OECD countries. Apart from the impact of macroeconomic covariates we also explore the effect of the global financial crisis (2007/8) on health outcomes. For the empirical investigation we have adopted panel cointegration analysis to obtain long-run estimates that are free of endogeneity bias. For robustness we also adopt a panel quantile regression (QR) in an attempt to provide a more detailed picture of the underlying relationships at several points of the conditional distribution. We find that in the long run, income inequality affects adversely population health which is also confirmed by the quantile estimates. The causal dimension however is more ambiguous whilst the global financial crisis is found to have an insignificant impact on health outcomes.en_UK
dc.identifier.citationAlexiou C. (2023) Income inequality, health outcomes and financial crisis: novel evidence, Athens Journal of Health and Medical Sciences, Volume 10, Issue 2, May 2023, pp. 99-114en_UK
dc.identifier.issn2653-9411
dc.identifier.urihttps://doi.org/10.30958/ajhms.10-2-2
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/19705
dc.language.isoenen_UK
dc.publisherATINERen_UK
dc.rightsAttribution-NonCommercial 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/*
dc.subjectpopulation healthen_UK
dc.subjectincome inequalityen_UK
dc.subjectinfant mortalityen_UK
dc.subjectlife expectancyen_UK
dc.subjectfinancial crisisen_UK
dc.titleIncome inequality, health outcomes and financial crisis: novel evidenceen_UK
dc.typeArticleen_UK

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