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Business cycles and mortality: results from Swedish microdata

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  • Gerdtham, Ulf-G.
  • Johannesson, Magnus

Abstract

We assess the relationship between business cycles and mortality risk using a large individual level data set on over 40,000 individuals in Sweden who were followed for 10-16 years (leading to over 500,000 person-year observations). We test the effect of six alternative business cycle indicators on the mortality risk: the unemployment rate, the notification rate, the deviation from the GDP trend, the GDP change, the industry capacity utilization, and the industry confidence indicator. For men we find a significant countercyclical relationship between the business cycle and the mortality risk for four of the indicators and a non-significant effect for the other two indicators. For women we cannot reject the null hypothesis of no effect for any of the business cycle indicators.

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Bibliographic Info

Article provided by Elsevier in its journal Social Science & Medicine.

Volume (Year): 60 (2005)
Issue (Month): 1 (January)
Pages: 205-218

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Handle: RePEc:eee:socmed:v:60:y:2005:i:1:p:205-218

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Keywords: Business cycles Mortality Health Sweden;

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Cited by:
  1. Svensson, Mikael, 2007. "Do not go breaking your heart: Do economic upturns really increase heart attack mortality?," Social Science & Medicine, Elsevier, vol. 65(4), pages 833-841, August.
  2. Stavros A. Drakopoulos, 2011. "Economic Policies, Political Considerations and Overall Health," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 41(3), pages 273-286, December.
  3. Christopher J. Ruhm, 2006. "A Healthy Economy Can Break Your Heart," NBER Working Papers 12102, National Bureau of Economic Research, Inc.
  4. Ulf-G. Gerdtham & Christopher J. Ruhm, 2002. "Deaths Rise in Good Economic Times: Evidence From the OECD," NBER Working Papers 9357, National Bureau of Economic Research, Inc.
  5. Mikael Svensson & Niclas Krüger, 2012. "Mortality and economic fluctuations," Journal of Population Economics, Springer, vol. 25(4), pages 1215-1235, October.
  6. Lindo, Jason M., 2013. "Aggregation and the Estimated Effects of Local Economic Conditions on Health," IZA Discussion Papers 7396, Institute for the Study of Labor (IZA).
  7. Darby, Julia & Mélitz, Jacques, 2007. "Labour Market Adjustment, Social Spending and the Automatic Stabilizers in the OECD," CEPR Discussion Papers 6230, C.E.P.R. Discussion Papers.
  8. Tapia Granados, José A., 2012. "Economic growth and health progress in England and Wales: 160 years of a changing relation," Social Science & Medicine, Elsevier, vol. 74(5), pages 688-695.
  9. Niclas Kruger & Mikael Svensson, 2010. "Good times are drinking times: empirical evidence on business cycles and alcohol sales in Sweden 1861-2000," Applied Economics Letters, Taylor & Francis Journals, vol. 17(6), pages 543-546.
  10. Svensson, Mikael, 2006. "Economic Upturns are Good for Your Heart but Watch out for Accidents," Working Papers 2006:9, Örebro University, School of Business, revised 26 Jun 2007.

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