The FDA and ABCs: The Unintended Consequences of Antidepressant Warnings on Human Capital
AbstractUsing annual cross-sectional data on over 100,000 adolescents aged 12-17, we studied academic and behavioral outcomes among those who were and were not likely affected by FDA warnings regarding the safety of antidepressants. Just before the FDA warnings, adolescents with probable depression had grade point averages 0.14 points higher than adolescents with depression just after the warnings. The FDA warnings also coincided with increased delinquency, use of tobacco and illicit drugs. Together, our results stress the importance of mental health and its treatment as an input into cognitive and non-cognitive aspects of human capital.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17426.
Date of creation: Sep 2011
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Publication status: published as FDA and ABCs: The Impact of Antidepressant Warnings on Human Capital (with Susan Busch and Ezra Golberstein), Journal of Human Resources, 2014, In Press.
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Find related papers by JEL classification:
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-22 (All new papers)
- NEP-HEA-2011-09-22 (Health Economics)
- NEP-NEU-2011-09-22 (Neuroeconomics)
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