Do more of those in misery suffer from poverty, unemployment or mental illness?

Sarah Flèche and Richard Layard

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Studies of deprivation usually ignore mental illness. This paper uses household panel data from the USA, Australia, Britain and Germany to broaden the analysis. We ask first how many of those in the lowest levels of life-satisfaction suffer from unemployment, poverty, physical ill health, and mental illness. The largest proportion suffer from mental illness. Multiple regression shows that mental illness is not highly correlated with poverty or unemployment, and that it contributes more to explaining the presence of misery than is explained by either poverty or unemployment. This holds both with and without fixed effects.

Keywords: Mental health; life-satisfaction; wellbeing; poverty; unemployment (search for similar items in EconPapers)
JEL-codes: I31 I32 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2015-06
New Economics Papers: this item is included in nep-eur, nep-hap, nep-hea and nep-ltv
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Downloads: (external link)
http://eprints.lse.ac.uk/62589/ Open access version. (application/pdf)

Related works:
Journal Article: Do More of Those in Misery Suffer from Poverty, Unemployment or Mental Illness? (2017)
Working Paper: Do More of Those in Misery Suffer from Poverty, Unemployment or Mental Illness? (2017)
Working Paper: Do More of those in Misery Suffer From Poverty, Unemployment or Mental Illness? (2015)
Working Paper: Do More of Those in Misery Suffer from Poverty, Unemployment or Mental Illness? (2015)
Working Paper: Do More of Those in Misery Suffer from Poverty, Unemployment or Mental Illness? (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:62589

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