Health and financial strain: Evidence from the survey of consumer finances

Southern Economic Journal

Volumn 71, Issue 4, 2005, Pages 873-890

  Lyons, Angela C ^a   Yilmazer, Tansel ^b  

^a UNIVERSITY OF ILLINOIS AT URBANA CHAMPAIGN   (United States)

^b PURDUE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 18144430622     PISSN: 00384038     EISSN: None     Source Type: Journal    
DOI: 10.2307/20062085     Document Type: Article

References (46)

1. Adams, Peter, Michael Hurd, Daniel McFadden, Angela Merrill, and Tiago Ribeiro. 2003. Healthy, wealthy, and wise? Tests for direct causal paths between health and socioeconomic status. Journal of Econometrics 112:3-56.
2. Adler, Nancy, Thomas Boyce, Margaret Chesney, Sheldon Cohen, Susan Folkman, Robert Kahn, and S. Leonard Syme. 1994. Socio-economic status and health: The challenge of the gradient. American Psychologist 49:15-24.
3. Adler, Nancy, Thomas Boyce, Margaret Chesney, Susan Folkman, and S. Leonard Syme. 1993. Socioeconomic inequalities in health: No easy solution. Journal of American Medical Association 269:3140-3145.
4. Baker, Michael, Mark Stabile, and Catherine Deri. 2001. What do self-reported, objective, measures of health measure? NBER Working Paper No. 8419.
5. Barsky, Robert B., F. Thomas Juster, Miles S. Kimball, and Matthew D. Shapiro. 1997. Preference parameters and behavioral heterogeneity: An experimental approach in the health and retirement study. Quarterly Journal of Economics 112:537-79.
6. Black, Sandra, and Donald Morgan. 1999. Meet the new borrowers. The Federal Reserve Bank of New York. Current Issues in Economics and Finance 5:1-6.
7. Browning, Martin. 1987. Eating, drinking, smoking, and testing the lifecycle hypothesis. Quarterly Journal of Economics 102:329-46.
8. Caplovitz, David. 1974. Consumer in trouble: A study of debtors in default. New York: The Free Press.
9. Deaton, Angus, and Christina Paxson. 1998. Aging and inequality in income and health. The American Economic Association Papers and Proceedings 88:248-53.
10. DeVaney, Sharon. 1994. The usefulness of financial ratios as predictors of household insolvency: Two perspectives, Financial Counseling and Planning 5:5-24.
11. DeVaney, Sharon, and Ruth Lytton. 1995. Household insolvency: A review of household debt repayment, delinquency, and bankruptcy. Financial Services Review 4:137-56.
12. Drentea, Patricia, and Paul Lavrakas. 2000. Over the limit: The association among health, race and debt. Social Science and Medicine 50:517-29.
13. Ettner, Susan. 1996. New evidence on the relationship between income and health. Journal of Health Economics 15:67-85.
14. Feinstein, Jonathan. 1993. The relationship between socioeconomic status and health: A review of the literature. Milbank Memorial Fund Quarterly 71:279-322.
15. Gouskova, Elena., and Robert F. Schoeni. 2002. Analysis of the quality of health data in the PSID. Accessed 30 November 2004. Available http://psidonline.isr.umich.edu/Guide/report_on_health_qsv2.pdf.
16. Grossman, Michael. 1972. On the concept of health capital and the demand for health. Journal of Political Economy 80:223-55.
17. Hausman, Jerry. 1983. Specification and estimation of simultaneous equation models. In Handbook of econometrics, edited by Z. Griliches and M. Intriligator, vol. 1. Amsterdam: North-Holland, pp. 392-445.
18. Havlik, Robert J., Allexander P. Vukasin, and Stephan Ariyan. 1992. The impact of stress on the clinical presentations of melanoma. Plastic and Reconstructive Surgery 90:57-61.
19. Hurd, Michael D., Daniel McFadden, and Angela Merrill. 1998. Healthy, wealthy, and wise? Tests for direct causal paths between health and socioeconomic status. Working paper.
20. Idler, Ellen, and Yael Benyamini. 1997. Self-related health and mortality: A review of twenty-seven community studies. Journal of Health and Social Behavior 38:21-37.
21. Idler, Ellen, and Stanislav Kasl. 1991. Health perceptions and survival: Do global evaluations of health status really predict mortality? Journal of Gerontology: Social Sciences 46:S55-65.
22. Idler, Ellen, and Stanislav Kasl. 1995. Self-ratings of health; Do they also predict change in functional ability? Journal of Gerontology, Series B: Psychological Sciences and Social Sciences 50:S344-53.
23. Jacoby, Melissa B. 2002. Does indebtedness influence health? A preliminary inquiry. Journal of Law, Medicine and Ethics 30:560-71.
24. Johnson, William R., and Jonathan S. Skinner. 1986. Labor supply and marital separation. American Economic Review 76:455-69.
25. Kennickell, Arthur, and R. Louise Woodbum. 1997. Consistent weight design for the 1989, 1992 and 1995 SCFs, and the distribution of wealth. Washington, DC: Federal Reserve Board of Governors.
26. Lantz, Paula, James House, James Lepkowksi, David Williams, Richard Mero, and Jieming Chen. 1998. Socio-economic factors, health behaviors and mortality: Results from a national representative perspective study of U.S. adults. Journal of the American Medical Association 279:1703-8.
27. Levine, Phillip, Tara Gustafson, and Ann Velenchik. 1997. More bad news for smokers? The effects of cigarette smoking on wages. Industrial and Labor Relations Review 50:493-509.
28. Lyons, Angela C. 2002. The effect of credit access on the debt repayment decisions of U.S. households. Unpublished paper, University of Illinois at Urbana-Champaign.
29. Marmot, Michael, M. Kogevinas, and M. Elston. 1987. Social/economic status and disease. Annual Review on Public Health 8:111-35.
30. Meer, Jonathan, Douglas L. Miller, and Harvey S. Rosen. 2003. Exploring the health-wealth nexus. Journal of Health Economics 22:713-30.
31. Mellor, Jennifer M., and Jeffrey D. Milyo. 2002. Income inequality and health status in the United States: Evidence from the Current Population Survey. Journal of Human Resources 37:510-39.
32. Parker, Gillian. 1990. Getting and spending: Credit and debt in Britain. Aldershot, UK: Avebury.
33. Poterba, James. 2003. Commentary: Some observations on health status and economic status. Journal of Econometrics 112:65-7.
34. Roberts, Ron, John Golding, Tony Towell, and Irene Weinreb. 1999. The effects of economic circumstances on British students' mental and physical health. Journal of American College Health 48:103-9.
35. Ruhm, Christopher J. 2000. Are recessions good for your health? Quarterly Journal of Economics 115:617-50.
36. Smith, James P. 1998. Socioeconomic status and health. American Economic Review Papers and Proceedings 88:192-96.
37. Smith, James P. 1999. Healthy bodies and thick wallets: The dual relation between health and economic status. Journal of Economic Perspectives 13:145-66.
38. Smith, James P., and Raynard Kington. 1997a. Demographic and economic correlates of health in old age. Demography 34:159-70.
39. Smith, James P., and Raynard Kington. 1997b. Race, socioeconomic status and health in late life. In Racial and ethnic differences in the health of older Americans, edited by L. Martin and B. Soldo. Washington, DC: National Academy Press, pp. 106-62.
40. Stavins, Joanna. 2000. Credit card borrowing, delinquency, and personal bankruptcy. New England Economic Review. The Federal Reserve Bank of Boston, pp. 15-30.
41. Weyerer, Sigfried, and Andreas Wiedenmann. 1995. Economic factors and the rates of suicide in Germany between 1881 and 1989. Psychological Reports 76:1331-41.
42. Williams, David R. 1990. Social-economic differentials in health: A review and redirection. Social Psychology Quarterly 53: 81-99.
43. Wilson, Sven. 2001. Socioeconomic status and the prevalence of health problems among married couples in late midlife. American Journal of Public Health 91:131-5.
44. Wu, Stephen. 2003. The effects of health events on the economic status of married couples. Journal of Human Resources 38:219-30.
45. Zagorsky, Jay. 1999. Health and the working poor. Eastern Economic Journal 25:169-89.
46. Zeldes, Stephen. 1989. Consumption and liquidity constraints: An empirical investigation. Journal of Political Economy 97: 305-46.