First Faculty Advisor
Economics; Suicide; Panal data; 2000-2010 states
This study uses economic theory to investigate the impact of socioeconomic factors on the
suicide rate in the United States. Using a utility maximization framework based on
Hamermesh and Soss’ 1974 model, a panel data set from 2000-2010 is constructed for the 50
states and District of Columbia. This research adds to the literature in the field by focusing on
the more recent past and providing additional variables consistent with today’s challenges.
The results from the multiple regression analysis can be used to advocate policies that may
reduce the suicide rate in the future.