Stroke: a Hidden Danger of Margin Trading in Stock Markets

Shu-hui Lin, Chien Ho Wang, Tsai Ching Liu, Chin Shyan Chen

Research output: Contribution to journalArticle

Abstract

Using 10-year population data from 2000 through 2009 in Taiwan, this is the first paper to analyze the relationship between margin trading in stock markets and stroke hospitalizations. The results show that 3 and 6 days after an increase of margin trading in the Taiwan stock markets are associated with greater stoke hospitalizations. In general, a 1 % increase in total margin trading positions is associated with an increment of 2.5 in the total number of stroke hospitalizations, where the mean number of hospital admissions is 233 cases a day. We further examine the effects of margin trading by gender and age groups and find that the effects of margin trading are significant for males and those who are 45–74 years old only. In summary, buying stocks with money you do not have is quite risky, especially if the prices of those stocks fall past a certain level or if there is a sudden and severe drop in the stock market. There is also a hidden danger to one’s health from margin trading. A person should be cautious before conducting margin trading, because while it can be quite profitable, danger always lurks just around the corner.

Original languageEnglish
Pages (from-to)995-1006
Number of pages12
JournalJournal of Urban Health
Volume92
Issue number5
DOIs
Publication statusPublished - 2015 Oct 1

Fingerprint

stock market
stroke
hospitalization
Hospitalization
Stroke
Taiwan
age group
money
Age Groups
human being
gender
Health
health
Population

All Science Journal Classification (ASJC) codes

  • Health(social science)
  • Public Health, Environmental and Occupational Health

Cite this

Lin, Shu-hui ; Wang, Chien Ho ; Liu, Tsai Ching ; Chen, Chin Shyan. / Stroke : a Hidden Danger of Margin Trading in Stock Markets. In: Journal of Urban Health. 2015 ; Vol. 92, No. 5. pp. 995-1006.
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Stroke : a Hidden Danger of Margin Trading in Stock Markets. / Lin, Shu-hui; Wang, Chien Ho; Liu, Tsai Ching; Chen, Chin Shyan.

In: Journal of Urban Health, Vol. 92, No. 5, 01.10.2015, p. 995-1006.

Research output: Contribution to journalArticle

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