Financial suicide: Debt and death across US counties during the Great Recession
该研究利用美国各县在大衰退初期的债务收入比差异,发现债务负担越重的县自杀率明显上升,男性及40至64岁成年人受影响更大,并估算每年造成数十亿美元福利损失。适合关注债务与健康后果的读者。
Abstract Exploiting variation in debt‐to‐income ratios across US counties at the onset of the Great Recession, we investigate the impact of debt exposure on suicide. We find that more indebted counties saw a significant rise in suicide rates, with effects double for men and triple among adults ages 40–64. These patterns align with financial responsibilities: men are primary borrowers on mortgages, and middle‐aged adults hold the most secured debt. The impact of debt on suicide behavior, with annual costs of several billion dollars, underscores the welfare implications of inflexible household debt instruments.