Getting high on the market: stock price movements, drug abuse, and health implications

SUMMARY

    Over the last couple of years, several thought-provoking pieces of evidence have emerged linking stock price fluctuations to the psychological health of investors and the broader society alike. The stress and anguish triggered by stock market downturns was shown to undermine the self-reported mental wellbeing (Cotti et_al, 2015; Ratcliffe and Taylor, 2015), which resulted in increased admissions to psychiatric wards (Lin et_al, 2015; Engleberg and Parsons 2016), upturns in suicide cases (Wisniewski et_al, 2020) and treatment for depression (McInerney et_al, 2013). Frijters et_al demonstrate that strong stock market performance significantly increases health satisfaction in Australian . . .

     

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