Job loss and depression: the role of subjective expectations.

TitleJob loss and depression: the role of subjective expectations.
Publication TypeJournal Article
Year of Publication2011
AuthorsMandal, B, Ayyagari, P, Gallo, WT
JournalSoc Sci Med
Volume72
Issue4
Pagination576-83
Date Published2011 Feb
ISSN Number1873-5347
Call Numbernewpubs20110418_Mandal.pdf
KeywordsAdaptation, Psychological, Aged, Bias, depression, Empirical Research, Health Surveys, Humans, Mental Health, Middle Aged, Stress, Psychological, Unemployment, United States
Abstract

<p>Although the importance of expectations is well documented in the decision-making literature, a key shortcoming of the empirical research into effects of involuntary job loss on depression is perhaps its neglect of the subjective expectations of job loss. Using data from the US Health and Retirement Study surveys we examine whether the impact of job loss on mental health is influenced by an individual's subjective expectations regarding future displacement. Our results imply that, among older workers in the age range of 55-65 year, subjective expectations are as significant predictors of depression as job loss itself, and ignoring them can bias the estimate of the impact of job loss on mental health.</p>

URLhttp://sfx.lib.umich.edu:9003/sfx_local?genre=articleandsid=ProQ 3Aandatitle=Job 20loss 20and 20depression 3A 20The 20role 20of 20subjective 20expectationsandtitle=Social 20Science 20 26 20Medicineandissn=02779536anddate=2011-02-01andvolume=72andissue=4an
DOI10.1016/j.socscimed.2010.11.014
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/21183267?dopt=Abstract

Endnote Keywords

Expectations/Older workers/Mental depression/Decision making/Impact analysis/Estimation bias/Mental health

Endnote ID

24690

Alternate JournalSoc Sci Med
Citation Key7546
PubMed ID21183267
PubMed Central IDPMC3684950
Grant ListR01 AG027045 / AG / NIA NIH HHS / United States
R01 AG027045-01 / AG / NIA NIH HHS / United States
R01 AG027045-03 / AG / NIA NIH HHS / United States
R01 AG027045-02 / AG / NIA NIH HHS / United States
R01 AG027045-04 / AG / NIA NIH HHS / United States
R01AG027045 / AG / NIA NIH HHS / United States