Publication type
Journal Article
Author
Publication date
June 15, 2013
Summary:
This empirical study presents estimates of the impact of unemployment on psychological health using UK household panel data. The causal impact of unemployment is established using instrumental variable methods. Psychological health is measured using both the General Household Questionnaire measure and also self-reported data on individual occurrences of anxiety-related conditions. We find evidence for positive selection into unemployment on the basis of poor psychological health. Nevertheless, panel instrumental variable estimates suggest a sizeable causal worsening of psychological health arising from unemployment. We also find evidence that the negative impact of unemployment can be largely mitigated by local labour market conditions: those entering unemployment in localities with higher unemployment rates suffer less deterioration in their psychological health.
Published in
Health Economics
Volume and page numbers
Volume: 22 , p.643 -654
DOI
http://dx.doi.org/10.1002/hec.2831
ISSN
10579230
Subjects
Notes
Not held in Res Lib - bibliographic reference only
#520739