Lasting Scars: The Impact of Depression in Early Adulthood on Subsequent Labor Market Outcomes.

Autor/inn/en	Wang, Buyi; Frank, Richard G.; Glied, Sherry A.
Institution	National Bureau of Economic Research
Titel	Lasting Scars: The Impact of Depression in Early Adulthood on Subsequent Labor Market Outcomes. Gefälligkeitsübersetzung: Bleibende Narben: Die Auswirkungen von Depressionen im frühen Erwachsenenalter auf spätere Arbeitsmarktergebnisse.
Quelle	Cambridge, Mass. (2022), 64 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2); PDF als Volltext (3); PDF als Volltext (4) Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper / National Bureau of Economic Research. 30776
Sprache	englisch
Dokumenttyp	online; Monographie
DOI	10.3386/w30776
Schlagwörter	Depression; Psychische Störung; Akkumulation; Chronische Krankheit; Depression; Kapital; Psychisch Kranker; Psychische Störung; USA; Auswirkung; Humankapital; Jahresarbeitszeit; Chronische Krankheit; Humankapital; Beschäftigungseffekt; Einkommenseffekt; Kapital; Erwerbsunfähigkeitsrente; Jahresarbeitszeit; Leistungsbezug; Akkumulation; Arbeitspapier; Auswirkung; Junger Erwachsener; Psychisch Kranker; USA
Abstract	"A growing body of evidence indicates that poor health early in life can leave lasting scars on adult health and economic outcomes. While much of this literature focuses on childhood experiences, mechanisms generating these lasting effects - recurrence of illness and interruption of human capital accumulation - are not limited to childhood. In this study, we examine how an episode of depression experienced in early adulthood affects subsequent labor market outcomes. We find that, at age 50, people who had met diagnostic criteria for depression when surveyed at ages 27-35 earn 10% lower hourly wages (conditional on occupation) and work 120-180 fewer hours annually, together generating 24% lower annual wage incomes. A portion of this income penalty (21-39%) occurs because depression is often a chronic condition, recurring later in life. But a substantial share (25-55%) occurs because depression in early adulthood disrupts human capital accumulation, by reducing work experience and by influencing selection into occupations with skill distributions that offer lower potential for wage growth. These lingering effects of early depression reinforce the importance of early and multifaceted intervention to address depression and its follow-on effects in the workplace." The study refers to the period 1979-2018. (Author's abstract, IAB-Doku)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2023/1