Mental health: The new frontier for labour economics

This lecture argues that mental health is a major factor of production. It is the biggest single influence on life satisfaction, with mental health eight years earlier a more powerful explanatory factor than current income. Mental health also affects earnings and educational success. But, most strik...

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Bibliographic Details
Published in:IZA journal of labor policy 2013-01, Vol.2 (1), p.1-16, Article 2
Main Author: Layard, Richard
Format: Article
Language:English
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