Publication type
Journal Article
Authors
Publication date
October 15, 2018
Summary:
This paper provides a first theoretical and empirical analysis of the effects of psychotherapy on individual productivity. We build a simple model in which a deterioration of mental health endogenously causes a decrease in productivity, which is counterbalanced by psychotherapy. We test our hypotheses on the British Household Panel Survey data. We find that individuals suffering from mental health problems benefit economically from consulting a psychotherapist. Moreover, we find that the returns are higher for men than for women, even though women are more likely to seek help.
Published in
European Economic Review
Volume and page numbers
Volume: 109 , p.257 -274
DOI
https://doi.org/10.1016/j.euroecorev.2017.10.005
ISSN
142921
Subjects
#524904