EconPapers    
Economics at your fingertips  
 

Mental health changes and the willingness to take risks

Lu Li (), Andreas Richter () and Petra Steinorth ()
Additional contact information
Lu Li: Ludwig-Maximilians-Universitaet, Munich
Andreas Richter: Ludwig-Maximilians-Universitaet, Munich
Petra Steinorth: Universitaet Hamburg

The Geneva Risk and Insurance Review, 2023, vol. 48, issue 1, No 2, 62 pages

Abstract: Abstract Utilizing the longitudinal SOEP data representative of the German population, we find that mental health shocks significantly decrease the willingness to take risks. We also find that mental health improvements increase the willingness to take risks significantly. Our findings are relevant for better understanding the economic decision making of the large number of individuals with mental health issues.

Keywords: Willingness to take risks; Health shock; Health improvement; Mental health; SF-12 (search for similar items in EconPapers)
JEL-codes: D12 D18 D81 I12 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1057/s10713-021-00070-7 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:genrir:v:48:y:2023:i:1:d:10.1057_s10713-021-00070-7

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10713

DOI: 10.1057/s10713-021-00070-7

Access Statistics for this article

The Geneva Risk and Insurance Review is currently edited by Michael Hoy and Nicolas Treich

More articles in The Geneva Risk and Insurance Review from Palgrave Macmillan, International Association for the Study of Insurance Economics (The Geneva Association) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-19
Handle: RePEc:pal:genrir:v:48:y:2023:i:1:d:10.1057_s10713-021-00070-7