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CINCH - Health Economics Research Center

Virtual Essen Health Economics Seminar

01.12.2020

On Monday, December 7 2020, 16:00 - 17:30, Philipp Jäger (RWI Essen) will present:

Can Pensions Save Lives? Evidence from the Introduction of Old-Age Assistance in the UK

I study the impact of old-age assistance on mortality using the introduction of public pensions in the UK in 1909 as a quasi-natural experiment. Exploiting the newly created pension eligibility age through a difference-in-difference event-time design, I show that elderly mortality declined after the pension was introduced. The estimated mortality decline is economically relevant, more pronounced in counties with a higher treatment intensity and is driven by fewer deaths from infectious as well as non-communicable diseases. An analysis of individual level census data points to a reduction in crowding and retirement from hazardous work spaces as likely channels.

Room: Due to the current situation regarding the COVID-19 pandemic, the talk will be held in a virtual seminar room. For more information click here.


Virtual Essen Health Economics Seminar

24.11.2020

On Monday, November 30 2020, 16:00 - 17:30, Martin Karlsson (University of Duisburg-Essen) will present:

We don’t need no Education? The long-run Effects of School Closures during the 1918-19 Influenza Pandemic

A substantial body of evidence examines the effects of pandemics on mortality and the economy in the short and medium run. However, little evidence exists with respect to specific policies that aim to limit the  spread of the disease, and in particular their long-run effects. Our paper addresses this gap and examines the long-run effects of school closures during the Spanish Flu of 1918 on human capital development. We use Swedish register data on the universe of individuals born between 1900 and 1914, and we observe their human capital outcomes at the 1960 and 1970 census. To examine the mortality effects of the pandemic, we use the universe of all deaths occuring between 1914 and 1921. We merge self-collected data on school closures to the data. We will exploit the staggered introduction of school closures within an event-study design to estimate the effect of school closures on individual's long-run human capital development.

Room: Due to the current situation regarding the COVID-19 pandemic, the talk will be held in a virtual seminar room. For more information click here.


Virtual Essen Health Economics Seminar

17.11.2020

On Monday, November 23 2020, 16:00 - 17:30, Natalia Bulla (University of Duisburg-Essen) and Irene Mussio (Newcastle University School of Business) will present:

The Effects of Acute Stress on Risk and Time Preferences. Can Mindfulness Meditation Help?

Stress influences decision-making processes and is one of the drivers of changes in economic preferences. Many techniques have been suggested to tackle stress, ranging from exercising to medical counselling. One of the novel techniques is mindfulness meditation, which aims to put the focus of the individual on the present moment and should be able to help manage stress. With this in mind, we investigate whether stress impacts individual risk and time preferences, and whether a brief mindfulness breathing exercise affects preferences as well. We conduct a controlled laboratory experiment with a student subject pool. We aim to reduce the level of individual stress with a mindfulness meditation task, while increasing stress via a cognitive load task. As a measure of stress, we track participants' heart rates in a continuous manner during the experimental session. Our preliminary results show that a brief mindfulness task reduces the average heart rate for participants who were exposed to stress by 3.8% and those who were not by 3.4%. So far, we do not find effects of the brief mindfulness breathing exercise on risk and time preferences.

Room: Due to the current situation regarding the COVID-19 pandemic, the talk will be held in a virtual seminar room. For more information click here.