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KMID : 0613620220420040110
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Health Social Welfare Review
2022 Volume.42 No. 4 p.110 ~ p.126
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The Effect of Job Loss on Self-Rated Health and Health Behavior
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Hong Jeong-Rim
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Abstract
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The purpose of this study was to analyze the effects of job loss on self-rated health and health behavior. Unemployment due to plant closure was defined as involuntary job loss, and the effect of exogenous job loss on self-rated health and health behavior was analyzed using a fixed effect model to control unobservable individual characteristics, and additional analysis was conducted by length of service and gender. The results of this study showed that job loss had a negative effect on self-rated health. In particular, the negative impact of unemployment was relatively stronger for men and long-term workers, confirming that the effect was heterogeneous depending on the attachment to the labor market. On the other hand, re-employment was found to had played a role in alleviating the deterioration of health due to job loss. This study also found that job loss did not significantly affect the probability of smoking, but played a role in significantly lowering the probability of drinking.
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KEYWORD
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Job Loss, Unemployment, Plant Closure, Health, Health Behavior
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