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KMID : 0614420150430010058
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Mental Health & Social Work
2015 Volume.43 No. 1 p.58 ~ p.82
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A Study on the Economic Factor Associated with Suicide : Focus on Debt and Suicide Ideation
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Lee Yoon-Jung
Song In-Han
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Abstract
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Passing through the economic crises in 1997 and 2003, Korea`s suicide rate has been rapidly increased. However, despite the importance of in-depth understanding of economic factors causing suicide, there has been little empirical study on the effect of debt on suicide as one of the importance economic factors. The purpose of this study is to examine the effect of financial debt on suicide ideation. Data of 14,482 adults over 20 were driven from 2013 Korea Welfare Panel Study, and statistical analyses including t-test and logistic regression were performed. The results show that, although there was no significant statistical difference in the experience of suicide ideation in terms of short-term debt burden level, the rate of suicide ideation in the risk group with both intermediated-term and long-term debt burden was found to be significantly higher. Second, after controlling for major variables, people with private loan debt are 2.2 times more likely to have suicide ideation than people without private loan debt, and people with credit card debt are about 2 times more likely to have suicide ideation than people with no credit card debt. Total amount of debt and bank loan debt did not have effect on suicide ideation. Based on the findings of the effects of private loan and credit card debt on suicide ideation, it is suggested to provide support of both credit recovery and mental health counseling services for people in economic crisis.
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KEYWORD
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Debt, Suicide, Suicide Ideation, Economic Crisis
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