TY - JOUR PY - 2020// TI - Can Labor Market Policies Reduce Deaths of Despair? JO - Journal of health economics A1 - Dow, William H. A1 - Godøy, Anna A1 - Lowenstein, Christopher A1 - Reich, Michael SP - e102372 EP - e102372 VL - 74 IS - N2 - Do minimum wages and the earned income tax credit (EITC) mitigate rising "deaths of despair?" We leverage state variation in these policies over time to estimate event study and difference-in-differences models of deaths due to drug overdose, suicide, and alcohol-related causes. Our causal models find no significant effects on drug or alcohol-related mortality, but do find significant reductions in non-drug suicides. A 10 percent minimum wage increase reduces non-drug suicides among low-educated adults by 2.7 percent, and the comparable EITC figure is 3.0 percent. Placebo tests and event-study models support our causal research design. Increasing both policies by 10 percent would likely prevent a combined total of more than 700 suicides each year.

Language: en

LA - en SN - 0167-6296 UR - http://dx.doi.org/10.1016/j.jhealeco.2020.102372 ID - ref1 ER -