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  4. May 2024
  5. Depression, Poverty, and Economic Shocks: Evidence from India

AEA Papers and Proceedings

ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)

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Depression, Poverty, and Economic Shocks: Evidence from India

  • Manuela Angelucci
  • Daniel Bennett
AEA Papers and Proceedings
vol. 114, May 2024
(pp. 412–17)
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Abstract

This paper examines the correlations between socioeconomic status, economic shocks, and depression, and how these vary by gender, in a sample of adults from India. Poverty and the exposure to negative shocks are both associated with depression. However, the frequency of negative shocks varies only slightly by socioeconomic status and gender. Instead, poor people and women appear to be more vulnerable to negative shocks. These patterns suggest that social protection programs may foster mental health for these groups and reduce mental health disparities.

Citation

Angelucci, Manuela, and Daniel Bennett. 2024. "Depression, Poverty, and Economic Shocks: Evidence from India." AEA Papers and Proceedings, 114: 412–17. DOI: 10.1257/pandp.20241060

Additional Materials

JEL Classification

  • E32 Business Fluctuations; Cycles
  • I12 Health Behavior
  • I32 Measurement and Analysis of Poverty
  • J16 Economics of Gender; Non-labor Discrimination
  • O11 Macroeconomic Analyses of Economic Development
  • O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration