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Paula Roth

@pauroth.bsky.social

Researcher in Economics at the Swedish House of Finance, SSE, https://sites.google.com/site/pauroth/

1 Posts22 Follower 25 Folgt

Elin Molin @elinmolin.bsky.social · 10mo ago

New VoxEU column from my job market paper, co-authored with @kmajlesi.bsky.social and @pauroth.bsky.social

VoxEU @ CEPR@voxeu.org · 10mo ago

Households can face serious financial consequences from a spouse's illness or death even in a comprehensive welfare state like Sweden. Renters and low-wealth households are hit the hardest. @kmajlesi.bsky.social @elinmolin.bsky.social @pauroth.bsky.social cepr.org/voxeu/column... #EconSky

This figure presents estimates of the effect of a fatal health shock on adult children, by the homeownership status and income loss of the surviving parent. Panels A–D correspond to children of renters or homeowners, further distinguished by whether the deceased parent was the primary earner (smaller income loss) or the secondary earner (larger income loss). Effects on debt collection, social benefits, and labour income are estimated with 95% confidence intervals using the Callaway–Sant’Anna (2021) difference-in-differences method, controlling for 10-year age bins of the children. The reported coefficients are expressed as percentage impacts relative to the mean outcome one year prior to the event. Standard errors are clustered at the parent level.

While many advanced economies shield their citizens from the most severe direct medical costs of illness, less is known about how households cope with income losses from a serious health event. This column shows that the financial consequences of a spouse’s illness or death can be severe, even in a comprehensive welfare state like Sweden. Defaults on unpaid debts, bills, and other financial commitments rise sharply after such shocks, with renters and low-wealth households hit the hardest. Both income and wealth access need to be considered to strengthen households’ financial resilience.

VoxEU @ CEPR @voxeu.org · 10mo ago

Households can face serious financial consequences from a spouse's illness or death even in a comprehensive welfare state like Sweden. Renters and low-wealth households are hit the hardest. @kmajlesi.bsky.social @elinmolin.bsky.social @pauroth.bsky.social cepr.org/voxeu/column... #EconSky

This figure presents estimates of the effect of a fatal health shock on adult children, by the homeownership status and income loss of the surviving parent. Panels A–D correspond to children of renters or homeowners, further distinguished by whether the deceased parent was the primary earner (smaller income loss) or the secondary earner (larger income loss). Effects on debt collection, social benefits, and labour income are estimated with 95% confidence intervals using the Callaway–Sant’Anna (2021) difference-in-differences method, controlling for 10-year age bins of the children. The reported coefficients are expressed as percentage impacts relative to the mean outcome one year prior to the event. Standard errors are clustered at the parent level.

While many advanced economies shield their citizens from the most severe direct medical costs of illness, less is known about how households cope with income losses from a serious health event. This column shows that the financial consequences of a spouse’s illness or death can be severe, even in a comprehensive welfare state like Sweden. Defaults on unpaid debts, bills, and other financial commitments rise sharply after such shocks, with renters and low-wealth households hit the hardest. Both income and wealth access need to be considered to strengthen households’ financial resilience.

Paula Roth @pauroth.bsky.social · last yr.

Läs om vår rapport för Arena Idé på DN debatt idag:

Elinor Odeberg@elinorodeberg.bsky.social · last yr.

Trots växande överskuldsättning och bristande kreditprövning minskar antalet som beviljas skuldsanering, med stora personliga och samhällsekonomiska kostnader som följd. Hög tid för en modern skuldsaneringspolitik. Läs mer i artikeln som baseras på vår senaste rapport. 👉 www.dn.se/debatt/behan...