Balash Babayeva

Balash Babayeva is PhD candidate at Istanbul University in Turkey. She completed her bachelour’s in Labor Economics and Industrial Relations at Istanbul University in 2014. She continued her master's degree in Business Administration at Beykent University. Her research interests are in the areas of economy, social justice and rural development. She has published articles on various topics in economics and statistics.

Papers Published in World Economics:

The Impact of Income and Unemployment on Suicide in Scandinavian Countries

This article experimentally investigates how economic factors in Scandinavian countries affected the suicide rates between 1991 and 2010. Notwithstanding factors affecting suicide in Scandinavian countries have been studied, there are no studies on the relationship between suicide, income and unemployment. Although Scandinavian countries have among the highest welfare levels in the world, suicide rates are quite high. Empirical results indicate that suicide is related to a number of economic factors like GDP per capita and unemployment. This study finds a negative relationship between GDP and suicide and a linear relationship between unemployment and suicide. Unemployment’s encouragement of negativity increases suicidal tendencies, at the same time as declining income has similar psychological effects.

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