Out of sight but not out of mind: Home countries' macroeconomic volatilities and immigrants' mental health

We provide the first empirical evidence that better economic performances by immigrants' countries of origin, as measured by lower consumer price index (CPI) or higher gross domestic product, improve immigrants' mental health. We use an econometrically‐robust approach that exploits exogeno...

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Published inHealth economics Vol. 27; no. 1; pp. 189 - 208
Main Authors Nguyen, Ha Trong, Connelly, Luke Brian
Format Journal Article
LanguageEnglish
Published England Wiley Periodicals Inc 01.01.2018
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Abstract We provide the first empirical evidence that better economic performances by immigrants' countries of origin, as measured by lower consumer price index (CPI) or higher gross domestic product, improve immigrants' mental health. We use an econometrically‐robust approach that exploits exogenous changes in macroeconomic conditions across immigrants' home countries over time and controls for immigrants' observable and unobservable characteristics. The CPI effect is statistically significant and sizeable. Furthermore, the CPI effect diminishes as the time since emigrating increases. By contrast, home countries' unemployment rates and exchange rate fluctuations have no impact on immigrants' mental health.
AbstractList We provide the first empirical evidence that better economic performances by immigrants' countries of origin, as measured by lower consumer price index (CPI) or higher gross domestic product, improve immigrants' mental health. We use an econometrically-robust approach that exploits exogenous changes in macroeconomic conditions across immigrants' home countries over time and controls for immigrants' observable and unobservable characteristics. The CPI effect is statistically significant and sizeable. Furthermore, the CPI effect diminishes as the time since emigrating increases. By contrast, home countries' unemployment rates and exchange rate fluctuations have no impact on immigrants' mental health.
Author Connelly, Luke Brian
Nguyen, Ha Trong
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Issue 1
Keywords GDP
unemployment
health
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exchange rate
inflation
immigrants
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Snippet We provide the first empirical evidence that better economic performances by immigrants' countries of origin, as measured by lower consumer price index (CPI)...
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SubjectTerms Adolescent
Adult
Australia
Consumer Price Index
Economics - trends
Emigrants and Immigrants - psychology
exchange rate
GDP
Gross Domestic Product
health
Health economics
Humans
Immigrants
Inflation
Macroeconomics
Mental Health
Middle Aged
Models, Econometric
Noncitizens
Socioeconomic Factors
Unemployment
Title Out of sight but not out of mind: Home countries' macroeconomic volatilities and immigrants' mental health
URI https://onlinelibrary.wiley.com/doi/abs/10.1002%2Fhec.3532
https://www.ncbi.nlm.nih.gov/pubmed/28618448
https://www.proquest.com/docview/1994620652
https://search.proquest.com/docview/1910796969
Volume 27
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