THE IMPACT OF STOCK MARKET FLUCTUATIONS ON THE MENTAL AND PHYSICAL WELL‐BEING OF CHILDREN.
The stock market crash of 2008 caused a severe impact to households. Earlier research has explored the impacts of a stock market crash on life well‐being, psychological stress, and adult health behaviors. We extend this literature by documenting impacts of stock market fluctuations on a range of chi...
| Publicado en: | Economic Inquiry Vol. 56; no. 2; pp. 1007 - 1028 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Apr2018
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=128133093&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 128133093 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Apr2018 vid: 56 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 128133093 10.1111/ecin.12528 ppf: 1007 ppct: 21 formats: fmt: – @attributes: type: T – @attributes: type: P size: 457KB tig: atl: THE IMPACT OF STOCK MARKET FLUCTUATIONS ON THE MENTAL AND PHYSICAL WELL‐BEING OF CHILDREN. aug: au: Cotti, Chad Simon, David affil: Professor, Department of Economics, University of Wisconsin Oshkosh, Oshkosh, WI 54901 Assistant Professor, Department of Economics, University of Connecticut, Storrs, CT 06269 su: Children's health Well-being Psychological stress Economics Global Financial Crisis, 2008-2009 Stock exchanges sug: subj: Children's health Well-being Psychological stress Economics Securities and Commodity Exchanges Global Financial Crisis, 2008-2009 Stock exchanges ab: The stock market crash of 2008 caused a severe impact to households. Earlier research has explored the impacts of a stock market crash on life well‐being, psychological stress, and adult health behaviors. We extend this literature by documenting impacts of stock market fluctuations on a range of child outcomes; including effects on both mental and physical health. We show a negative effect of a market crash on hospitalizations, child reported health status, sick days from school, and an aggregate health index measure. Both graphical and regression‐based analysis reveal that our results are not driven by a preexisting trend of declining child health before the market crash and extensive sensitivity analysis demonstrates that the results are robust to multiple empirical specifications. (<italic>JEL</italic> I15, E32, J13) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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