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Economic Correlates of Suicide Rates in OECD Countries

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Abstract

This paper investigates how economic conditions are associated with age-sex group specific suicide rates in a panel of 28 OECD countries over the period 1980-2002. We consider the trend and cyclical components of income, unemployment, income inequality, inflation, as well as various socio-demographic control variables. Results depend on whether stationarity properties are adequately accommodated or not. Estimating models in first differences we find that the cyclical component of income is negatively associated with suicide rates of men, while unemployment primarily affects suicide rates of women. Moreover, our estimations show that the effects of the cyclical component of income and unemployment are most pronounced in OECD countries with low public social security spending.

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Bibliographic Info

Paper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 08-207.

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Length: 46 pages
Date of creation: Sep 2008
Date of revision:
Handle: RePEc:kof:wpskof:08-207

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Keywords: suicide; happiness; welfare; health;

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Cited by:
  1. Kuroki, Masanori, 2010. "Suicide and unemployment in Japan: Evidence from municipal level suicide rates and age-specific suicide rates," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, Elsevier, vol. 39(6), pages 683-691, December.

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