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Recession Depression: Mental Health Effects of the 2008 Stock Market Crash

McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - CESifo - 2013

-being on health use identification strategies involving income increases; these studies as well as prior research on stock …

Persistent link: https://www.econbiz.de/10010877960

Recession depression: Mental health effects of the 2008 stock market crash

McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - In: Journal of Health Economics 32 (2013) 6, pp. 1090-1104

Do sudden, large wealth losses affect mental health? We use exogenous variation in the interview dates of the 2008 Health and Retirement Study to assess the impact of large wealth losses on mental health among older U.S. adults. We compare cross-wave changes in wealth and mental health for...

Persistent link: https://www.econbiz.de/10010729990

Knowledge is power - A theory of information, income, and welfare spending

Lind, Jo Thori; Rohner, Dominic - Départment d'économétrie et d'économie politique … - 2013

, income is more important in affecting voting behavior for more informed voters than for less informed voters. Further, when … there is a strong correlation between income and political information, Congress representatives vote more conservatively …

Persistent link: https://www.econbiz.de/10010659017