Review of Economics and Statistics

We investigate long-run effects of World War II on socioeconomic status and health of older individuals in Europe. We analyze data from SHARELIFE, a retrospective survey conducted as part of SHARE in Europe in 2009. SHARELIFE provides detailed data on events in childhood during and after the war for over 20,000 individuals in thirteen European countries. We construct several measures of war exposure: experience of dispossession, persecution, combat in local areas, and hunger periods. Exposure to war and, more important, to individual-level shocks caused by the war significantly predicts economic and health outcomes at older ages.