Abstract
Using nationwide county-level longitudinal data, we show that recent declines in housing prices are associated with an increased utilization of antidepressant prescriptions among the near elderly. Our results persist in difference-in-difference models using either all non-antidepressant drugs or statins as controls.
Original language | English (US) |
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Pages (from-to) | 449-453 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 121 |
Issue number | 3 |
DOIs | |
State | Published - Dec 2013 |
Keywords
- Financial distress
- Housing crisis
- Mental health
- Prescription
ASJC Scopus subject areas
- Finance
- Economics and Econometrics