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Experimental Research Examining How People Can Cope with Uncertainty Through Soft Haptic Sensations
Published on: September 16, 2015
Economic policy uncertainty, health status, and mortality
Wei Huang1, Xiaoyan Lei1, Miao Yu1
1China Center for Economic Research (CCER), National School of Development (NSD), Peking University, Beijing, 100871, China.
Abstract:
Using data from 1985 to 2018 across up to 17 countries, this study shows that higher levels of economic policy uncertainty (EPU) are associated with reduced mortality rates and improved health outcomes, particularly among individuals aged 65 years and above. Notably, fatalities of most causes decrease with rising EPU, while suicide is an exception. Further investigation into potential explanations for the observed health improvement suggests that increased EPU is linked to individuals spending more time on self-care and leisure activities, adopting better health behaviors and reducing their labor supply. (JEL Classifications: E32, I10, I12, P36).
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