Good Times Are Drinking Times: Empirical Evidence on Business Cycles an Alcohol Sales in Sweden 1861-2000
This 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
|Date of creation:||08 May 2008|
|Date of revision:|
|Publication status:||Forthcoming in Applied Economics Letters.|
|Contact details of provider:|| Postal: |
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
References listed on IDEAS
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.:
- Svensson, Mikael, 2006.
"Don’t Go Breaking your Heart: Do Economic Upturns Really Increase Heart Attack Mortality?,"
2006:8, Örebro University, School of Business, revised 01 Nov 2006.
- 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.
- Johansson, Edvard & Böckerman, Petri & Prättälä, Ritva & Uutela, Antti, 2005.
"Alcohol Mortality, Drinking Behavior, and Business Cycles: Are Slumps Really Dry Seasons?,"
986, The Research Institute of the Finnish Economy.
- Petri Böckerman & Edvard Johansson & Ritva Prättälä & Antti Uutela, 2005. "Alcohol mortality, drinking behaviour, and business cycles: are slumps really dry seasons?," HEW 0506002, EconWPA.
- Thomas S. Dee, 2001. "Alcohol abuse and economic conditions: Evidence from repeated cross-sections of individual-level data," Health Economics, John Wiley & Sons, Ltd., vol. 10(3), pages 257-270.
- Christopher Ruhm, 1994.
"Economic Conditions and Alcohol Problems,"
NBER Working Papers
4914, National Bureau of Economic Research, Inc.
- Christopher J. Ruhm, 1996.
"Are Recessions Good For Your Health?,"
NBER Working Papers
5570, National Bureau of Economic Research, Inc.
- Neumayer, Eric, 2004. "Recessions lower (some) mortality rates:: evidence from Germany," Social Science & Medicine, Elsevier, vol. 58(6), pages 1037-1047, March.
- 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.
- Peter C.B. Phillips, 1999. "Discrete Fourier Transforms of Fractional Processes," Cowles Foundation Discussion Papers 1243, Cowles Foundation for Research in Economics, Yale University.
- 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.
When requesting a correction, please mention this item's handle: RePEc:hhs:oruesi:2008_002. See general information about how to correct material in RePEc.
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.