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SUMMARY:The Economic Cost of Depression: A Mendelian Randomisation Study -
  Fergus McCormack\, PhD Candidate\, Department of Economics
DTSTART:20250211T131000Z
DTEND:20250211T140000Z
UID:TALK227089@talks.cam.ac.uk
CONTACT:Dr Amelia Hassoun
DESCRIPTION:Are people depressed because they’re poor\, or are they poor
  because they’re depressed? Observational studies often struggle to unta
 ngle this relationship. In our study\, we exploit a natural experiment—t
 he random assignment of genes at birth—to estimate how depression influe
 nces economic outcomes. We find that depression significantly reduces inco
 me\, largely through its effects on educational and occupational attainmen
 t\, as well as employment. Additionally\, our analysis of longitudinal dat
 a reveals that short-term declines in mental health also lower income\, th
 ough to a considerably lesser extent. These findings suggest that early-li
 fe interventions aimed at improving mental health could yield substantial 
 economic benefits by influencing educational and occupational trajectories
 .\n
LOCATION:Richard King room\, Darwin College
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