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Antidepressants for Economists and Business-School Researchers: An Introduction and Review

Author

Listed:
  • Katolik, Aleksandra

    (University of Warwick)

  • Oswald, Andrew J.

    (University of Warwick and IZA)

Abstract

The antidepressant pill is an important modern commodity. Its growing role in the world has been largely ignored by researchers in economics departments and business schools. Scholars may be unaware how many citizens and employees now take these pills. Here we review some of the social-science literature on the topic. We discuss research on the impact of advertising upon antidepressant consumption, the link between antidepressants and the human ‘midlife crisis’, and evidence on how antidepressants are connected to crime, suicide, and financial hardship. We argue that antidepressants will eventually have to be modelled as a new form of consumption that lies in the currently grey area between medicines and consumer goods. This topic demands scholarly and societal attention.

Suggested Citation

  • Katolik, Aleksandra & Oswald, Andrew J., 2017. "Antidepressants for Economists and Business-School Researchers: An Introduction and Review," CAGE Online Working Paper Series 338, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:338
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    File URL: https://www2.warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/338-2017_oswald.pdf
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    References listed on IDEAS

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    Cited by:

    1. Strulik, Holger, 2019. "An economic theory of depression and its impact on health behavior and longevity," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 269-287.

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    More about this item

    Keywords

    Well-being; depression; medications; happiness. JEL Classification: I1; I120; I3; I310;
    All these keywords.

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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