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City University of New York (CUNY)

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The Effect Of Income On Health After Hurricane Katrina, Jang Wook Lee Oct 2014

The Effect Of Income On Health After Hurricane Katrina, Jang Wook Lee

Dissertations, Theses, and Capstone Projects

There is a large literature that documents a positive correlation between income and a variety of measures of good health. This correlation may reflect causality in both directions and may also reflect omitted "third variables" that are positively related to income and health. In my dissertation, I employ an exogenous negative shock to income due to a natural disaster to estimate the true causal impact of income on health. The shock I will use is Hurricane Katrina, which severely damaged counties in Alabama, Mississippi, and Louisiana in August 2005. I use these treatment counties and a variety of alternative sets …