Kristín Helga Birgisdóttir, Arna Hauksdóttir, Christopher J. Ruhm, Tinna Laufey Ásgeirsdóttir, 27 January 2019

Studies on the relationship between business cycles and health have come up with conflicting results. This column uses the case of Iceland’s economic collapse in 2008 to argue that the context and nature of macroeconomic fluctuations are key. Looking at the Icelandic business cycle in general suggests that hard economic times appear to be good for heart health, but the collapse, which was particularly dramatic and sudden, increased the incidence of ischemic heart disease. 

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