Abstract:Prior work has highlighted increases in life expectancy in the USA during the Great Depression. This contradicts the tenet that life expectancy is positively correlated with human welfare, but it coheres with recent literature on mortality and recessions. We construct Lee-Carter interval estimates of life expectancy during the Great Depression, based on trends before 1929. In this analysis, all-race life expectancy did not grow unusually during the Great Depression. However, nonwhites did see greater-than-expe… Show more
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