Mortality and Economic Fluctuations: Evidence from Wavelet Analysis for Sweden 1800-2000

Publisher's full text
Mikael Svensson
Niclas A Krüger

Using wavelet methods, this paper analyzes the relationship between the age-adjusted, infant, and cause-specific mortality rates and the business cycle in Sweden over the period 1800-2000 (1911-1996 for cause-specific mortality). For the period 1800-2000, an increase in GDP by 1% decreased mortality by 0.7%. This overall relationship is due to a strong counter-cyclical relationship in the nineteenth century, which disappeared in the twentieth century. In contrast, in the twentieth century higher mortality in economic upturns is found for mortality caused by circulatory diseases (including stroke) and accidents.



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