Economic Aspects of Loneliness in Australia

We highlight the problem of loneliness, and argue that it is not only a public health issue but also an economic problem. We provide a brief review of findings from the key literature on the associations between loneliness, mental and physical health, and healthcare costs; and then present some evidence on its trends, the extent of socioeconomic inequalities and its links with health and healthcare usage, in Australia. We hope to encourage further economics research on loneliness, and related issues of social isolation and poor social support, to aid the design of policies and interventions to reduce loneliness.

Automated summary

The researchers emphasize the importance of the issue of loneliness, stating that it is not only a public health problem, but also an economic problem. Through a review of relevant data from Australia, they confirmed the association between loneliness and health, healthcare usage, and socioeconomic inequalities, calling for further economic research to reduce loneliness through policy design and interventions.