Stock or stroke? Stock market movement and stroke incidence in Taiwan
作者: Chun-Chih ChenChin-Shyan ChenTsai-Ching LiuYing-Tzu Lin
作者单位: 1Department of Economics, National Taipei University, 151, University Rd., San Shia, New Taipei 237, Taiwan
2Department of Public Finance, National Taipei University, Taiwan
3Institute of Human Resource Management, National Sun Yat-Sen University, Taiwan
刊名: Social Science & Medicine, 2012, Vol.75 (11), pp.1974-1980
来源数据库: Elsevier Journal
DOI: 10.1016/j.socscimed.2012.07.008
关键词: TaiwanStock marketStrokeWealthHealth
英文摘要: Abstract(#br)This paper investigates the impact of stock market movement on incidences of stroke utilizing population-based aggregate data in Taiwan. Using the daily data from the Taiwan Stock Exchange Capitalization Weighted Stock Index and from the National Health Insurance Research Database during 2001/1/1–2007/12/31, which consist of 2556 observations, we examine the effects of stock market on stroke incidence – the level effect and the daily change effects. In general, we find that both a low stock index level and a daily fall in the stock index are associated with greater incidences of stroke. We further partition the data on sex and age. The level effect is found to be significant for either gender, in the 45–64 and 65≥ age groups. In addition, two daily change effects are found to...
全文获取路径: Elsevier  (合作)
影响因子:2.733 (2012)