December 31, 2021

YES, VIRGINIA, THE ANTI-VAXXERS ARE MAKING THEMSELVES NUTS:

The Impact of the COVID-19 Vaccine Distribution on Mental Health Outcomes (Virat Agrawal, Jonathan H. Cantor, Neeraj Sood & Christopher M. Whaley, 
WORKING PAPER 29593, December 2021)

We estimate that COVID-19 vaccination reduces anxiety and depression symptoms by nearly 30%. Nearly all the benefits are private benefits, and we find little evidence of spillover effects, that is, increases in community vaccination rates are not associated with improved anxiety or depression symptoms among the unvaccinated. We find that COVID-19 vaccination is associated with larger reductions in anxiety or depression symptoms among individuals with lower education levels, who rent their housing, who are not able to telework, and who have children in their household. The economic benefit of reductions in anxiety and depression are approximately $350 billion. Our results highlight an important, but understudied, secondary benefit of COVID-19 vaccinations.

Posted by at December 31, 2021 12:00 AM

  

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