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 |
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Pages (from-to) | 184-194 |
Number of pages | 11 |
Journal | SSM - Population Health |
Volume | 6 |
Early online date | 15 Sept 2018 |
DOIs | |
Publication status | Published - Dec 2018 |
Bibliographical note
The authors thank the anonymous referees of this journal, Paul Allanson, NicholasRohde, 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].
Keywords
- economic insecurity
- mental health
- socioeconomic determinants of health