Can a bank crisis break your heart?

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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. © 2008 Stuckler et al; licensee BioMed Central Ltd.

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Stuckler, D., Meissner, C. M., & King, L. P. (2008). Can a bank crisis break your heart? Globalization and Health, 4. https://doi.org/10.1186/1744-8603-4-1

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