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 language | English |
|---|---|
| Pages (from-to) | 995-1006 |
| Number of pages | 12 |
| Journal | Journal of Urban Health |
| Volume | 92 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - 2015 Oct 1 |
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All Science Journal Classification (ASJC) codes
- Health(social science)
- Public Health, Environmental and Occupational Health
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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 journal › Article
TY - JOUR
T1 - Stroke
T2 - a Hidden Danger of Margin Trading in Stock Markets
AU - Lin, Shu-hui
AU - Wang, Chien Ho
AU - Liu, Tsai Ching
AU - Chen, Chin Shyan
PY - 2015/10/1
Y1 - 2015/10/1
N2 - 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.
AB - 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.
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UR - http://www.scopus.com/inward/citedby.url?scp=84944513090&partnerID=8YFLogxK
U2 - 10.1007/s11524-015-9964-1
DO - 10.1007/s11524-015-9964-1
M3 - Article
C2 - 26014381
AN - SCOPUS:84944513090
VL - 92
SP - 995
EP - 1006
JO - Journal of Urban Health
JF - Journal of Urban Health
SN - 1099-3460
IS - 5
ER -