Presented By: Department of Economics
Andrew W. Marcus Seminar in Applied Microeconomics: The Economic Impact of Depression Treatment in India: Evidence from Community-Based Provision of Pharmacotherapy
Manuela Angelucci, University of Texas at Austin
This study evaluates the impact of depression treatment on economic behavior in Karnataka, India. We cross-randomize pharmacotherapy and livelihoods assistance among 1000 depressed adults and evaluate impacts on depression severity, socioeconomic outcomes, and several potential pathways. When combined, the interventions reduce depression severity, with benefits that persist after treatment concludes. Pharma- cotherapy alone has a weaker effect that is only marginally significant and dissipates sooner. Depression treatment does not significantly increase earnings, consumption, or human capital investment in children.
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