Greasy roads : the impact of bad financial news on road traffic accidents

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<title>Greasy roads</title>
<subTitle>: the impact of bad financial news on road traffic accidents</subTitle>
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<namePart>Vandoros, Sotiris</namePart>
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<namePart>Kavetsos, Georgios</namePart>
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<namePart>Dolan, Paul</namePart>
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<abstract displayLabel="Summary">We use evidence from a natural experiment in Greece to study the effect of the announcement of austerity measures on road traffic accidents (RTAs). We use daily RTA data from 2010 and 2011, during which a number of austerity measures were announced, including salary and pension cuts and an increase in direct and indirect taxes. We find that controlling for other factors potentially influencing RTAs, the number of RTAs increased significantly on the first two days following the announcements of austerity measures. We put forward some tentative suggestions for why this happens.</abstract>
<note type="statement of responsibility">Sotiris Vandoros, Georgios Kavetsos, Paul Dolan</note>
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<topic>Accidentes de tráfico</topic>
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<topic>Crisis económica</topic>
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<topic>Investigación de accidentes</topic>
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<geographic>Grecia</geographic>
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<title>Risk analysis : an international journal</title>
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<publisher>McLean, Virginia : Society for Risk Analysis, 1987-2015</publisher>
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<identifier type="issn">0272-4332</identifier>
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<text>03/03/2014 Volumen 34 Número 3 - marzo 2014 , p. 556-566</text>
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