Monday, October 15, 2012

The Daily Stat: Getting a Bonus Increases Your Chance of Dying That Week

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OCTOBER 15, 2012
Getting a Bonus Increases Your Chance of Dying That Week
You have a slightly higher chance of dying in the days after you get a paycheck, bonus, or Social Security payment, say William N. Evans of the University of Notre Dame and Timothy J. Moore of the University of Maryland. For example, during the week when the 2001 U.S. tax rebate checks arrived, mortality among 25-to-64 year olds increased by 2.5%, and during the week when dividends are paid to Alaskans from the state's Permanent Fund, mortality increases by 13%. Higher levels of activity such as driving and recreation after money rolls in are the likely causes of the effect, the authors say.
Source: The short-term mortality consequences of income receipt
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