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The wealth, health and wellbeing of Ireland's older people before and during the economic crisis

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The wealth, health and wellbeing of Ireland's older people before and during the economic crisis. / Barrett, Alan; O'Sullivan, Vincent.
In: Applied Economics Letters, Vol. 21, No. 10, 2014, p. 675-678.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Barrett A, O'Sullivan V. The wealth, health and wellbeing of Ireland's older people before and during the economic crisis. Applied Economics Letters. 2014;21(10):675-678. doi: 10.1080/13504851.2014.884687

Author

Barrett, Alan ; O'Sullivan, Vincent. / The wealth, health and wellbeing of Ireland's older people before and during the economic crisis. In: Applied Economics Letters. 2014 ; Vol. 21, No. 10. pp. 675-678.

Bibtex

@article{b9d145023a1246aeae9bc390b32a974a,
title = "The wealth, health and wellbeing of Ireland's older people before and during the economic crisis",
abstract = "The economic crisis of 2008/9 was felt more acutely in Ireland relative to most other countries and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case study of the link between wealth collapses and movements in variables such as health and well-being. Using nationally representative samples of older people collected before and during the crisis, we show that mean net assets fell by 45% between 2006/7 and 2012/13. In spite of this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about future living standards became less optimistic. The results tend to support the findings of other recent studies that recessions do not have widespread negative effects on health and well-being.",
keywords = "recession, wealth, health, well-being",
author = "Alan Barrett and Vincent O'Sullivan",
year = "2014",
doi = "10.1080/13504851.2014.884687",
language = "English",
volume = "21",
pages = "675--678",
journal = "Applied Economics Letters",
issn = "1350-4851",
publisher = "Routledge",
number = "10",

}

RIS

TY - JOUR

T1 - The wealth, health and wellbeing of Ireland's older people before and during the economic crisis

AU - Barrett, Alan

AU - O'Sullivan, Vincent

PY - 2014

Y1 - 2014

N2 - The economic crisis of 2008/9 was felt more acutely in Ireland relative to most other countries and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case study of the link between wealth collapses and movements in variables such as health and well-being. Using nationally representative samples of older people collected before and during the crisis, we show that mean net assets fell by 45% between 2006/7 and 2012/13. In spite of this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about future living standards became less optimistic. The results tend to support the findings of other recent studies that recessions do not have widespread negative effects on health and well-being.

AB - The economic crisis of 2008/9 was felt more acutely in Ireland relative to most other countries and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case study of the link between wealth collapses and movements in variables such as health and well-being. Using nationally representative samples of older people collected before and during the crisis, we show that mean net assets fell by 45% between 2006/7 and 2012/13. In spite of this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about future living standards became less optimistic. The results tend to support the findings of other recent studies that recessions do not have widespread negative effects on health and well-being.

KW - recession

KW - wealth

KW - health

KW - well-being

U2 - 10.1080/13504851.2014.884687

DO - 10.1080/13504851.2014.884687

M3 - Journal article

VL - 21

SP - 675

EP - 678

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 10

ER -