Do Stock Market Fluctuations Affect Suicide Rates?

Date

2018-08-01

Advisors

Journal Title

Journal ISSN

ISSN

DOI

Volume Title

Publisher

SSRN

Type

Working Paper

Peer reviewed

Yes

Abstract

This paper uncovers a new influential factor driving suicidal behavior. Using an international sample, we document a robust and significant inverse relationship between stock market returns and the percentage increase in suicide rates. Trends in suicides are affected by market fluctuations both contemporaneously and at a lag. This predictive quality of stock returns offers the potential to implement pro-active suicide prevention strategies for those who could be affected by the vagaries of the market and general economic downturns.

Description

open access article

Keywords

Suicides, Stock Market, Stock Returns

Citation

Wisniewski, T., Lambe, B. (2018) Do Stock Market Fluctuations Affect Suicide Rates? Available at SSRN: https://ssrn.com/abstract=3213334 or http://dx.doi.org/10.2139/ssrn.3213334

Rights

Research Institute

Finance and Banking Research Group (FiBRe)