Work

Can a bank crisis break your heart?

Year: 2008

Type: article

Abstract: BACKGROUND: To assess whether a banking system crisis increases short-term population cardiovascular mortality rates. METHODS: International, longitudinal multivariate regression analysis of cardiovascular disease mortality data from 1960 to 2002 RESULTS: A system-wide banking crisis increases population heart disease mortality rates by 6.4% (95% CI: 2.5% to 10.2%, p < 0.01) in high income countries, after controlling for economic change, macroeconomic instability, and population age and social distribution. The estimated effect is nearly four times as large in low income countries. CONCLUSION: Banking crises are a significant determinant of short-term increases in heart disease mortality rates, and may have more severe consequences for developing countries.

Source: Globalization and Health

DOI: 10.1186/1744-8603-4-1

Authors: David Stuckler, Christopher M Meissner, Lawrence P King

Institutions: University of Cambridge, National Bureau of Economic Research, University of California System, University of California, Davis

Language: English

Topic: Employment and Welfare Studies

Subfield: Public Health, Environmental and Occupational Health

Field: Medicine

Domain: Health Sciences

SDG: Good health and well-being

Open Access status: gold

Estimated APC paid: $3,190