Good Times Are Drinking Times: Empirical Evidence on Business Cycles an Alcohol Sales in Sweden 1861-2000
AbstractThis paper studies the relationship between the business cycle and alcohol sales in Sweden using a data set for the years 1861-2000. Using wavelet based band-pass filtering it is found that there is a pro-cyclical relationship, i.e. alcohol sales increases in short-term economic upturns. Using moving window techniques we see that the pro-cyclical relationship holds over the entire time period. We also find that alcohol sales are a long-memory process with non-stationary behavior, i.e. a shock in alcohol sales has persistent effects
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Örebro University, School of Business in its series Working Papers with number 2008:2.
Length: 15 pages
Date of creation: 08 May 2008
Date of revision:
Publication status: Forthcoming in Applied Economics Letters.
Contact details of provider:
Postal: Örebro University School of Business, SE - 701 82 ÖREBRO, Sweden
Phone: 019-30 30 00
Fax: 019-33 25 46
Web page: http://www.oru.se/Institutioner/Handelshogskolan-vid-Orebro-universitet/
More information through EDIRC
Other versions of this item:
- 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 and Francis Journals, vol. 17(6), pages 543-546.
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- I12 - Health, Education, and Welfare - - Health - - - Health Production
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-17 (All new papers)
- NEP-CBE-2008-05-17 (Cognitive & Behavioural Economics)
- NEP-HEA-2008-05-17 (Health Economics)
- NEP-MAC-2008-05-17 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gerdtham, Ulf-G. & Johannesson, Magnus, 2005. "Business cycles and mortality: results from Swedish microdata," Social Science & Medicine, Elsevier, vol. 60(1), pages 205-218, January.
- 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.
- Svensson, Mikael, 2006. "Don’t Go Breaking your Heart: Do Economic Upturns Really Increase Heart Attack Mortality?," Working Papers 2006:8, Örebro University, School of Business, revised 01 Nov 2006.
- Christopher J. Ruhm, 2000.
"Are Recessions Good For Your Health?,"
The Quarterly Journal of Economics,
MIT Press, vol. 115(2), pages 617-650, May.
- Petri Böckerman & Edvard Johansson & Ritva Prättälä & Antti Uutela, 2005.
"Alcohol mortality, drinking behaviour, and business cycles: are slumps really dry seasons?,"
- Johansson, Edvard & Böckerman, Petri & Prättälä, Ritva & Uutela, Antti, 2005. "Alcohol Mortality, Drinking Behavior, and Business Cycles: Are Slumps Really Dry Seasons?," Discussion Papers 986, The Research Institute of the Finnish Economy.
- Neumayer, Eric, 2004. "Recessions lower (some) mortality rates:: evidence from Germany," Social Science & Medicine, Elsevier, vol. 58(6), pages 1037-1047, March.
- Ruhm, Christopher J., 1995.
"Economic conditions and alcohol problems,"
Journal of Health Economics,
Elsevier, vol. 14(5), pages 583-603, December.
- Peter C.B. Phillips, 1999. "Discrete Fourier Transforms of Fractional Processes," Cowles Foundation Discussion Papers 1243, Cowles Foundation for Research in Economics, Yale University.
- Christopher J. Ruhm, 2003.
"Healthy Living in Hard Times,"
NBER Working Papers
9468, National Bureau of Economic Research, Inc.
- Ruhm, Christopher J., 2003. "Good times make you sick," Journal of Health Economics, Elsevier, vol. 22(4), pages 637-658, July.
- Edvard Johansson & Petri Böckerman & Ritva Prättälä & Antti Uutela, 2006. "Alcohol-related mortality, drinking behavior, and business cycles," The European Journal of Health Economics, Springer, vol. 7(3), pages 212-217, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.