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Does the economy affect trends in suicide_


									      Group 4
Shelly Matushevski
  Karen Pavlisko
  Bennett Cowie
  Matt Morrison

November 23, 2009
 Can money buy happiness?              =
 Do times of economic hardship affect the rates of
 suicide in the United States?
   Weakening economy
       Rising unemployment rates
       Slow GDP growth
   Spill over onto an individual’s mental health
 Is there a direct relationship between the economy and
 suicide rates?
 One may speculate there is a relationship between an
  economy in recession and the depletion of a person’s
  mental health
 Spurred by rising unemployment rates, falling profits of
  businesses, and fear of bankruptcy for businesses and
 Does worry (about economic issues) lead to stress, then
  lead to depression, and then maybe even onto suicide?
 One might wonder whether or not
  the suicide rate is in fact related to
  the business cycle
 Use of economic research related to the economies
  affect on suicide rates
 Excel spreadsheets constructed with data from reliable
  sources to create a useable data set in SAS
 Importation of raw data into SAS
 Analysis of data in SAS to determine trends between
  suicides and recessions
              Research Findings
 Ethnic and Sex Differences in Suicide Rates Relative to
    Major Depression in the United States
   Antidepressants and Suicide Risk in the United States,
   Does unemployment increase suicide rates? The OECD
    Panel Evidence
   Economic Theory of Suicide
   Happiness and Economic Performance
   The Economy and Suicide: a Time-Series Study of the
            Research Findings
 Economic data was compared to three socio-
 demographic factors that can cause depression
   Low income
   Unemployment
   Disrupted marriages
 Males from all ethnic groups have higher suicide rates
  than females
 Women were twice as likely to be suffering from
  depression due to the three socio-demographic factors
 Victims undergo major depression before time of
-the regression line
is shown graphing
the suicide rate
dependent upon
changes in GDP.
-p-value = .1350,
much larger than
accepted alpha of
-R2 value= .0907
The R2-value
represents how well
the regression line is
able to approximate
the actual data.
-Very weak
-regression line is
shown graphing
suicide rate
dependent upon the
unemployment rate
-p-value = .0007,
smaller than
accepted alpha of
-R2 value also shows
the trend is much
more significant at
-Useful model
-suicide rates as a
whole steadily
decline for a 15 year
period beginning
in 1986
-Appears to be a
period of lag.
Between 1983 and
rates fell, suicide
rates actually rose
-Between 1990 to
1992 rates in suicide
decreased while the
unemployment rate
increased severely
   Grunebaum, Michael, Steven Ellis, Shuhua Li, Maria Oquendo, and J. John Mann."Antidepressants and Suicide Risk in
            the United States, 1985-1999." Journal of Clinical Psychiatry. November 2004.
            November 5, 2009).

   Hamermesh, Daniel, and Neal Soss. "An Economic Theory of Suicide." The Journal of Political Economy. February 1974.
  (accessed November 5, 2009).

   Noh, Yong-Hwan. "Does Unemployment Increase Suicide Rates? The OECD Panel Evidence.“ Journal of Economic
            Psychology. August 2009.
            Hwan.pdf?issn=01674870&issue=v30i0004&article=575_duisrtope (accessed November 5, 2009).

   Oquendo, Maria, Steven Ellis, Steven Greenwald, Kevin Malone, Myrna Weissman, and J. John Mann. Ethnic and Sex
            Differences in Suicide Rates Relative to Major Depression in the United States. October 2001.
   (accessed November 5, 2009).

   Oswald, Andrew. "Happiness and Economic Performance." The Economic Journal. 1997.
    (accessed November 5, 2009 ).

   Ruhm, Christopher. "Are Recessions good for your Health?" The Quarterly Journal of Economics. May 2000.
            1%3D%26f1%3Dall%26c1%3DAND%26q2%3D%26f2%3Dall%26c2%3DAND%26q3%3D%26f3% (accessed
            November 5, 2009).

   Yang, Bijou. “The economy and suicide: a time-series study of the U.S.A.” American Journal of Economics and
              Sociology, volume 51, no. 1 January 1992 (pp. 87-99)

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