personal debt and psychological health
Problematic personal debts and associated outcomes, such as bankruptcy and foreclosure, lead to significant declines in psychological health. This article summarises the recent literature and discusses the key issues in measurement and causality. Medical studies show that problem debts are associated with depression, self-harm and even suicide. Recent studies using econometric techniques show that some of the association in self-reported data is due to perception bias. Quasi-experimental studies using data from the housing crises show the onset of problem debt causes deterioration in psychological health, including effects upon physical health and health behaviours.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
|This chapter was published in: Steven N. Durlauf & Lawrence E. Blume (ed.) , , chapter 1, pages , 2013,4th quarter update.|
|This item is provided by Palgrave Macmillan in its series The New Palgrave Dictionary of Economics with number v:7:year:2013:doi:3907.|
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Web: http://www.dictionaryofeconomics.com/help/faq#_Toc198623697 Email: |
When requesting a correction, please mention this item's handle: RePEc:pal:dofeco:v:7:year:2013:doi:3907. See general 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: (Sheeja Sanoj)
If references are entirely missing, you can add them using this form.