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Econometric Views (EViews)

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Related Experiment Videos

Economic Policy Uncertainty and Health: Empirical Evidence from the MIDAS Model.

Min Lin1, Jipeng Fei1

  • 1Bay Area International Business School, Beijing Normal University, Zhuhai 519087, China.

Healthcare (Basel, Switzerland)
|June 12, 2026
PubMed
Summary

Economic policy uncertainty (EPU) is linked to mortality, with lifestyle changes potentially mediating this effect. The study found varied impacts across demographics and causes of death, revealing a complex relationship between policy uncertainty and public health.

Keywords:
MIDAS modeleconomic policy uncertaintylifestyle behaviorsmortality rates

Related Experiment Videos

Area of Science:

  • Public Health
  • Health Economics
  • Epidemiology

Background:

  • Economic fluctuations' health impacts are known, but policy uncertainty's role is less understood.
  • Investigating the association between economic policy uncertainty (EPU) and mortality is crucial for public health.
  • Understanding how lifestyle behaviors mediate EPU's health effects is key.

Purpose of the Study:

  • To examine the association between economic policy uncertainty (EPU) and mortality.
  • To investigate if lifestyle behavior changes are linked to EPU and influence health outcomes.
  • To explore the dynamic relationship between EPU and population health.

Main Methods:

  • Utilized a mixed data sampling (MIDAS) framework with US state-level data (2009-2020).
  • Controlled for unemployment, income, demographics, and state/year fixed effects.
  • Incorporated high-frequency uncertainty measures to capture dynamic mortality responses.

Main Results:

  • Found a significant inverse association between EPU and total mortality, stronger in males and the retirement-age group.
  • EPU positively associated with respiratory disease and suicide mortality; negatively with homicide, accidents, and pneumonia/influenza.
  • EPU linked to healthier lifestyles: reduced smoking/drinking, healthier weight, better self-reported health, and less travel time.

Conclusions:

  • EPU shows heterogeneous associations with mortality across demographics and causes of death.
  • The relationship between policy uncertainty and population health is complex and multifaceted.
  • Lifestyle behavior changes may play a role in mediating the health impacts of EPU.