The transmission of partner mental health to individual life satisfaction: Estimates from a longitudinal household survey
Publication Name
Scottish Journal of Political Economy
Abstract
This paper investigates the relationship between partner's mental health and individual life satisfaction, using panel data and calculating the monetary valuation of mental illness. Accounting for measurement error and endogeneity of income, partners' mental health has a significant association with individual well-being. The additional income needed to compensate someone living with a partner with a mental condition is substantial (ranges between USD 33,000 and USD 50,000). Further, individuals do not show adaptation to partners' mental illness. The results have implications for policy-makers wishing to value the effects of policies that aim to impact on mental health and levels of well-being.
Open Access Status
This publication is not available as open access
Volume
68
Issue
4
First Page
494
Last Page
516
Funding Number
142040582
Funding Sponsor
University of Illinois at Chicago