Economic insecurity: A socioeconomic determinant of mental health

Daniel Kopasker; Catia Montagna; Keith Bender

doi:10.1016/j.ssmph.2018.09.006

Economic insecurity: A socioeconomic determinant of mental health

Daniel Kopasker^* (Corresponding Author), Catia Montagna, Keith Bender

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

10 Citations (Scopus)

7 Downloads (Pure)

Abstract

Economic insecurity is an emerging topic that is increasingly relevant to the labour markets of developed economies. This paper uses data from the British Household Panel Survey to assess the causal effect of various aspects of economic insecurity on mental health in the UK. The results support the idea that economic insecurity is an emerging socioeconomic determinant of mental health, although the size of the effect varies across measures of insecurity. In particular, perceived future risks are more damaging to mental health than realised volatility, insecurity is more damaging for men, and the negative effect of insecurity is constant throughout the income distribution. Importantly, these changes in mental health are experienced without future unemployment necessarily occurring.

Original language	English
Pages (from-to)	184-194
Number of pages	11
Journal	SSM - Population Health
Volume	6
Early online date	15 Sep 2018
DOIs	https://doi.org/10.1016/j.ssmph.2018.09.006
Publication status	Published - Dec 2018

Keywords

economic insecurity
mental health
socioeconomic determinants of health

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10.1016/j.ssmph.2018.09.006Licence: CC BY

Economic insecurity
Under a Creative Commons license https://creativecommons.org/licenses/by/4.0/
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Daniel Kopasker
- School of Medicine, Medical Sciences & Nutrition, Health Economics Research Unit - Research Fellow
- Public Health, Health Services and Primary Care
Person: Academic Related - Research

Cite this

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title = "Economic insecurity: A socioeconomic determinant of mental health",

abstract = "Economic insecurity is an emerging topic that is increasingly relevant to the labour markets of developed economies. This paper uses data from the British Household Panel Survey to assess the causal effect of various aspects of economic insecurity on mental health in the UK. The results support the idea that economic insecurity is an emerging socioeconomic determinant of mental health, although the size of the effect varies across measures of insecurity. In particular, perceived future risks are more damaging to mental health than realised volatility, insecurity is more damaging for men, and the negative effect of insecurity is constant throughout the income distribution. Importantly, these changes in mental health are experienced without future unemployment necessarily occurring.",

keywords = "economic insecurity, mental health, socioeconomic determinants of health",

author = "Daniel Kopasker and Catia Montagna and Keith Bender",

note = "The authors thank the anonymous referees of this journal, Paul Allanson, Nicholas Rohde, and participants at the IARIW 34th General Conference for helpful comments on an earlier draft of this paper. This work was supported by the Economic and Social Research Council [ES/J500136].",

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AU - Bender, Keith

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