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Early life exposure to recessions and adult mental health

Olsson, Josefine LU (2019) NEKP01 20191
Department of Economics
Abstract
Mental illness has increasingly become a problem throughout the world and is believed to cost the global economy $16 trillion by 2030. Consequently, a growing body of literature investigates the possible causes of mental illness and more specifically, possible early life circumstances which may affect adult mental health. Limited research exists though in terms of exposure to recessions in utero and early life and adult mental health. Thus, the purpose of this study is to investigate this relationship. By using data from the World Health Survey and recession data from the Barro-Ursua Macroeconomic Dataset, which covers more than 26 000 individuals in 20 countries, three dimensions of exposure are taken into consideration. These dimensions... (More)
Mental illness has increasingly become a problem throughout the world and is believed to cost the global economy $16 trillion by 2030. Consequently, a growing body of literature investigates the possible causes of mental illness and more specifically, possible early life circumstances which may affect adult mental health. Limited research exists though in terms of exposure to recessions in utero and early life and adult mental health. Thus, the purpose of this study is to investigate this relationship. By using data from the World Health Survey and recession data from the Barro-Ursua Macroeconomic Dataset, which covers more than 26 000 individuals in 20 countries, three dimensions of exposure are taken into consideration. These dimensions comprise of in utero exposure, early life (0-4 years) exposure and the number of years living through a recession. A fixed effects model controlling for country-, year-of-birth as well as survey-year effects is used. The results suggest that no significant relationship between in utero and early life exposure to recessions and adult mental health can be found. Neither does there exist a significant relationship between the number of years living through a recession and adult mental health. The results remain stable throughout several heterogeneity- and robustness checks. The results suggest that either no actual relationship exists or that recession data is too diffuse in terms of timing to capture any effects that may be present. Future research should therefore further investigate this relationship using elaborate measures and to a greater extent sample developed countries, to capture any underlying mechanisms that may play an important role. (Less)
Please use this url to cite or link to this publication:
author
Olsson, Josefine LU
supervisor
organization
course
NEKP01 20191
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Mental health, Early life, In utero, Recession, Economic condition
language
English
id
8993833
date added to LUP
2020-03-10 10:30:55
date last changed
2020-03-10 10:30:55
@misc{8993833,
  abstract     = {{Mental illness has increasingly become a problem throughout the world and is believed to cost the global economy $16 trillion by 2030. Consequently, a growing body of literature investigates the possible causes of mental illness and more specifically, possible early life circumstances which may affect adult mental health. Limited research exists though in terms of exposure to recessions in utero and early life and adult mental health. Thus, the purpose of this study is to investigate this relationship. By using data from the World Health Survey and recession data from the Barro-Ursua Macroeconomic Dataset, which covers more than 26 000 individuals in 20 countries, three dimensions of exposure are taken into consideration. These dimensions comprise of in utero exposure, early life (0-4 years) exposure and the number of years living through a recession. A fixed effects model controlling for country-, year-of-birth as well as survey-year effects is used. The results suggest that no significant relationship between in utero and early life exposure to recessions and adult mental health can be found. Neither does there exist a significant relationship between the number of years living through a recession and adult mental health. The results remain stable throughout several heterogeneity- and robustness checks. The results suggest that either no actual relationship exists or that recession data is too diffuse in terms of timing to capture any effects that may be present. Future research should therefore further investigate this relationship using elaborate measures and to a greater extent sample developed countries, to capture any underlying mechanisms that may play an important role.}},
  author       = {{Olsson, Josefine}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Early life exposure to recessions and adult mental health}},
  year         = {{2019}},
}