Maternal Stress and Initial Endowments: Evidence from a Financial Crisis

Publikation: Bidrag til konferencePaperForskningpeer review

Resumé

In this paper, I estimate the causal effect of exposure to the stress associated with the collapse of the Icelandic economy during the fall of 2008 using data from the National Birth Register. Iceland experienced the deepest and most rapid financial crisis recorded in peacetime history when its three major banks all collapsed during the same week, triggering a systemic crisis, the first in any advanced economy. I use this sudden deterioration in economic conditions to capture the causal effect that financial stress had on the birth outcomes of the cohort in utero during the collapse. I also estimate how birth outcomes change with the business cycle in general, using data covering all births in the country over a 30-year period. My analysis shows that birth outcomes are affected by both sudden and smooth declines in economic conditions.
In this paper, I estimate the causal effect of exposure to the stress associated with the collapse of the Icelandic economy during the fall of 2008 using data from the National Birth Register. Iceland experienced the deepest and most rapid financial crisis recorded in peacetime history when its three major banks all collapsed during the same week, triggering a systemic crisis, the first in any advanced economy. I use this sudden deterioration in economic conditions to capture the causal effect that financial stress had on the birth outcomes of the cohort in utero during the collapse. I also estimate how birth outcomes change with the business cycle in general, using data covering all births in the country over a 30-year period. My analysis shows that birth outcomes are affected by both sudden and smooth declines in economic conditions.

Konference

KonferenceThe 26th EALE Conference 2014
Nummer26
LokationFaculty of Economics, University of Ljubljana
LandSlovenien
ByLjubljana
Periode18/09/201420/09/2014
Internetadresse

Citer dette

Vardardottir, A. (2014). Maternal Stress and Initial Endowments: Evidence from a Financial Crisis. Afhandling præsenteret på The 26th EALE Conference 2014, Ljubljana, Slovenien.
Vardardottir, Arna . / Maternal Stress and Initial Endowments : Evidence from a Financial Crisis. Afhandling præsenteret på The 26th EALE Conference 2014, Ljubljana, Slovenien.23 s.
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Vardardottir, A 2014, 'Maternal Stress and Initial Endowments: Evidence from a Financial Crisis' Paper fremlagt ved The 26th EALE Conference 2014, Ljubljana, Slovenien, 18/09/2014 - 20/09/2014, .

Maternal Stress and Initial Endowments : Evidence from a Financial Crisis. / Vardardottir, Arna .

2014. Afhandling præsenteret på The 26th EALE Conference 2014, Ljubljana, Slovenien.

Publikation: Bidrag til konferencePaperForskningpeer review

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T2 - Evidence from a Financial Crisis

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N2 - In this paper, I estimate the causal effect of exposure to the stress associated with the collapse of the Icelandic economy during the fall of 2008 using data from the National Birth Register. Iceland experienced the deepest and most rapid financial crisis recorded in peacetime history when its three major banks all collapsed during the same week, triggering a systemic crisis, the first in any advanced economy. I use this sudden deterioration in economic conditions to capture the causal effect that financial stress had on the birth outcomes of the cohort in utero during the collapse. I also estimate how birth outcomes change with the business cycle in general, using data covering all births in the country over a 30-year period. My analysis shows that birth outcomes are affected by both sudden and smooth declines in economic conditions.

AB - In this paper, I estimate the causal effect of exposure to the stress associated with the collapse of the Icelandic economy during the fall of 2008 using data from the National Birth Register. Iceland experienced the deepest and most rapid financial crisis recorded in peacetime history when its three major banks all collapsed during the same week, triggering a systemic crisis, the first in any advanced economy. I use this sudden deterioration in economic conditions to capture the causal effect that financial stress had on the birth outcomes of the cohort in utero during the collapse. I also estimate how birth outcomes change with the business cycle in general, using data covering all births in the country over a 30-year period. My analysis shows that birth outcomes are affected by both sudden and smooth declines in economic conditions.

M3 - Paper

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Vardardottir A. Maternal Stress and Initial Endowments: Evidence from a Financial Crisis. 2014. Afhandling præsenteret på The 26th EALE Conference 2014, Ljubljana, Slovenien.