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Day-to-Day Living Expenses and Mental Health

Author

Summary, in English

We use rich longitudinal survey and register data on Swedish individuals to examine the relationship between financial strain and mental health. Specifically, we consider the longitudinal relationships between payment difficulties and subjective (self-reported anxiety) as well as objective (psychiatric drug use) measures of mental ill-health. Among previously healthy individuals, payment difficulty experiences are strongly associated with self-reported mental ill-health. The association with later psychiatric drug use is weaker and differs by gender. Psychiatric drug users are on the other hand at high risk of later experiencing payment difficulties. This indicates that policy measures regarding the payment difficulties–health nexus ought to prioritize activities improving mental health.

Publishing year

2016-08

Language

English

Publication/Series

Working Papers

Volume

2016

Issue

19

Document type

Working paper

Publisher

Department of Economics, Lund University

Topic

  • Economics
  • Health Care Service and Management, Health Policy and Services and Health Economy

Keywords

  • financial strain
  • mental health
  • stress
  • I12
  • I30
  • I31

Status

Published

Research group

  • Health Economics