The Impact of Stock Market Fluctuations on the Mental and Physical Wellbeing of Children

Chad Cotti and David Simon

No 2016-28, Working papers from University of Connecticut, Department of Economics

Abstract: 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 wellbeing, 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 emotional difficulties. Both graphical and regression based analysis reveal that our results are not driven by a pre-trend of declining child health before the market crash.

Pages: 34 pages
Date: 2016-06
New Economics Papers: this item is included in nep-hap and nep-hea
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: THE IMPACT OF STOCK MARKET FLUCTUATIONS ON THE MENTAL AND PHYSICAL WELL‐BEING OF CHILDREN (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:2016-28

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