Economics at your fingertips  

The effect of the economic collapse in Iceland on the probability of cardiovascular events

Kristín Helga Birgisdóttir, Arna Hauksdóttir, Christopher Ruhm (), Unnur Anna Valdimarsdóttir and Tinna Laufey Ásgeirsdóttir

Economics & Human Biology, 2020, vol. 37, issue C

Abstract: After several years of a booming economy in Iceland, the economic bubble burst in 2008 and affected most Icelanders in one way or another. We explore whether the economic collapse in 2008 and subsequent economic crisis affected the probability of ischemic heart disease (IHD) events, independent of regular cyclical effects that can be attributed to typical economic conditions. Moreover, we conduct a mediation analysis to study the potential mechanisms through which the relationship between the economic collapse and cardiovascular health travels. We estimate linear probability models using administrative data on IHD events, earnings and balance-sheet status, as well as unemployment for all Icelanders aged 16 and older in 2000–2014.

Keywords: Iceland; Economic conditions; Economic collapse; Business cycles; Cardiovascular diseases (search for similar items in EconPapers)
JEL-codes: I10 I15 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Effect of the Economic Collapse in Iceland on the Probability of Cardiovascular Events (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.ehb.2020.100861

Access Statistics for this article

Economics & Human Biology is currently edited by J. Komlos, Inas R Kelly and Joerg Baten

More articles in Economics & Human Biology from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2021-08-31
Handle: RePEc:eee:ehbiol:v:37:y:2020:i:c:s1570677x18303150