The Effects of Depressive Symptoms on Earnings
AbstractConventional wisdom is that depression lowers productivity. The magnitude of this effect has been of interest to economists and other social scientists as well as medical researchers. In this paper, I take advantage of the longitudinal nature of the National Longitudinal Survey of Youth 1979 to investigate the effects from a dynamic perspective and to control for unobserved heterogeneity in a fixed-effects framework. Exploiting the fact that the data set provides information about depressive symptoms in multiple years, I am able to study how changes in depressive symptoms impact productivity. My results indicate that taking personality into account is important in estimating how depression affects wages. While ordinary least-squares results render a strong negative significant effect to depressive symptom measures (especially in the men’s sample), taking unobserved personal characteristics into account reduces the effects of these measures.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Southern Economic Association in its journal Southern Economic Journal.
Volume (Year): 75 (2008)
Issue (Month): 2 (October)
Find related papers by JEL classification:
- I10 - Health, Education, and Welfare - - Health - - - General
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laura Razzolini).
If references are entirely missing, you can add them using this form.