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Business & Economics
In recent years, the conversation around mental health has started to gain awareness. Talking about the ways it has impacted society, what kind of treatment programs there are, and opening up about how it is discussed, can help to shift the stigma surrounding Mental Health. Thinking about economics specifically, this change in thought can allow for more questions to be asked about how the economy is impacted. Looking at how it was talked about historically, in other countries, and throughout the pandemic in 2020, the impacts all appear to be negative. Mental Health impacts human emotions, thus it can be concerning when thinking about productivity. Using data from the Center for Disease Control (CDC), the National Health Interview Survey (NHIS) was used to measure if anxiety and depression impacts labor market outcomes. Linear probability models were created for full-time employment, ratio of family income, money from wages, and being in school to analyze possible mental health implications. This research is investigating whether impacts are negative (decreasing productivity) or positive (increasing productivity). This research hopes to start new conversations within economics and add more perspectives to the mental health discussion.
Kandler, Elizabeth, "Are Economic Outcomes Depressed When the Economic Agent is Depressed?" (2023). Business and Economics Honors Papers. 51.