Your money or your life: Managing health, managing money

Journal of Family and Economic Issues

Volumn 28, Issue 2, 2007, Pages 285-303

  Grafova, Irina B ^a  

^a UNIVERSITY OF MEDICINE AND DENTISTRY OF NEW JERSEY   (United States)

Author keywords

Credit card debt; Health behaviors; Non collateralized debt; Obesity; Smoking

Indexed keywords

EID: 34249680238     PISSN: 10580476     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10834-007-9060-0     Document Type: Article

References (49)

1. Adams, P., Hurd, M. D., McFadden, D., Merrill, A., & Ribeiro, T. (2003). Healthy, wealthy and wise? Tests for direct causal paths between health and socioeconomic status. Journal of Econometrics, 112(1), 3-56.
2. Angeletos, G.-M., Laibson, D., Repetto, A., Tobacman, J., & Weinberg, S. (2001). The hyperbolic consumption model: Calibration, simulation, and empirical evaluation. Journal of Economic Perspectives, 15(3), 47-68.
3. Aughinbaugh, A, & Gittleman, M. (2004). Maternal employment and adolescent risky behavior. Journal of Health Economics, 25(4), 815-838.
4. Baek, E., & Hong, G.-S. (2004). Effect of family life cycle stages on consumer debts. Journal of Family and Economic Issues, 25(3), 359-385.
5. Barsky, R. B., Juster, F. T., Kimball, M. S., & Shapiro, M. D. (1997). Preference parameters and behavioral heterogeneity: An experimental approach in the Health and Retirement Study. Quarterly Journal of Economics, 112(2), 537-579.
6. Bertaut, C. C., & Haliassos, M. (2001). Debt revolvers for self-control. HERMES Center Working Paper 01-11. Nicosia, Cyprus: University of Cyprus, HERMES European Center of Excellence on Computational Finance and Economics School of Economics and Management.
7. Bertaut, C. C., & Haliassos, M. (2005). Credit cards: Facts and theories. In G. Bertola, R. Disney, & C. Grant (Eds.), The economics of consumer credit (pp. 181-239). Cambridge, MA: MIT Press.
8. Bishai, D. M. (2004). Does time preference change with age? Journal of Population Economics, 17(4), 583-602.
9. Brunner, E. J., & Marmot, M. (1999). Social organization, stress and health. In M. Marmot & R. G. Wilkinson (Eds.), Social determinants of health (pp. 17-43). Oxford University Press.
10. Bucks, B. K., Kennickell, A. B., & Moore, K. B. (2006a). Recent changes in U.S. family finances: Evidence from the 2001 and 2004 Survey of Consumer Finances. Federal Reserve Bulletin, 92, A1-A38.
11. Bucks, B. K., Kennickell, A. B., & Moore, K. B. (2006b). Expanded versions of the tables for the "Recent changes in U.S. family finances: Evidence from the 2001 and 2004 Survey of Consumer Finances." Federal Reserve Bulletin. Retrieved Oct. 25, 2006 from http://www. federalreserve.gov/Pubs/oss/oss2/2004/bulletin.tables.int.xls.
12. Castronova, E., & Hagstrom, P. (2004). The demand for credit cards: Evidence from the Survey of Consumer Finances. Economic Inquiry, 42(2), 304-318.
13. Chain, Y.-W., & DeVaney, S. A. (2001). The effects of credit attitude and socioeconomic factors on credit card and installment debt. Journal of Consumer Affairs, 35(1), 162-179.
14. Deaton, A. (2003). Health, inequality, and economic development. Journal of Economic Literature, 47(1), 113-158.
15. Drentea, P. (2000). Age, debt and anxiety. Journal of Health and Social Behavior, 41(4), 437-445.
16. Drentea, P., & Lavrakas, P. J. (2000). Over the limit: The association among health, race and debt. Social Science and Medicine, 50(4), 517-529.
17. Elder, H. M., & Rudolph, P. M. (2003). Who makes the financial decisions in the households of older Americans? Financial Services Review, 12(4), 293-308.
18. Ettner, S. L. (1996). New evidence on the relationship between income and health. Journal of Health Economics, 15(1), 67-85.
19. Feng, S. (2005). Rationality and self-control: The implications for smoking cessation. Journal of Socio-Economics, 34(2), 211-222.
20. Finkelstein, A., & Poterba, J. (2002). Selection effects in the United Kingdom individual annuities market. Economic Journal, 112(476), 28-35.
21. Fuchs, V. R. (1982). Time preference and health: An exploratory study. In V. R. Fuchs (Ed.), Economics aspects of health (pp. 93-11.2). Chicago: University of Chicago Press.
22. Godwin, D. D. (1998). Household debt quintiles: Explaining changes 1983-1989. Journal of Consumer Affaira, 32(2), 369-393.
23. Gross, D. M., & Souleles, N. S. (2002). Do liquidity constraints and interest rates matter for consumer behavior? Evidence from credit card data. Quarterly Journal of Economics, 117(1), 149-185.
24. Gruber, J., & Koszegi, B. (2004). Tax incidence when individuals are time inconsistent: The case of cigarette excise taxes. Journal of Public Economics, 88(9-10), 1959-1987.
25. Gustman, A., & Steinmeier, T. (2005). The social security early retirement age in a structural model of retirement and wealth. Journal of Public Economics, 89, 441-463.
26. Haliassos, M., & Reiter, M. (2005). Credit card debt puzzles. CFS Working Paper Series No. 2005/26. Frankfurt, Germany: University of Frankfurt Center for Financial Studies.
27. Hamermesh, D. S. (1984). Consumption during retirement: The missing link in the life cycle. Review of Economics and Statistics, 66(1), 1-7.
28. Hersch, J. (2000). Gender, income level, and the demand for cigarettes. Journal of Risk and Uncertainty, 21(2-3), 263-282.
29. Himmelstein, D. U., Warren, E., Thorne, D., & Woolhandler, S. (2005). Illness and injury as contributors to bankruptcy. Health Affairs Web Exclusives, W5-63-W5-73. Retrieved October 25, 2006 from http://content.healthaffairs.org/cgi/reprint/hlthaff.w5.3vl.
30. Himmelstein, D. U., Warren, E., Thorne, D., & Woolhandler, S. (2006). Discounting the debtors will not make medical bankruptcy disappear. Health Affairs, 25(2), W84-W88. Retrieved October 25, 2006 from http://content.healthaffairs.org/cgi/reprint/hlthall.25.w84vl.
31. Hsiao, C. (1993). Analysis of panel data (pp. 159-164). Cambridge, MA: Cambridge University Press.
32. Ippolito, R. A. (2003). Education versus savings as explanations for better health: Evidence from the Health and Retirement Survey (Law And Economics Working Paper Series No. 03-04). Fairfax, VA: George Mason University School of Law.
33. Kessler, R. C., Andrew, G., Colpe, L. J., Niripi, E., Mroczek, D. K., Nounand, S., Walters, E. E., & Zaslavsky, A. (2002). Short screening scales to monitor population prevalence and trends in nonspecific psychological distress. Psychological Medicine, 32(6), 959-976.
34. Kim, H., & DeVaney, S. A. (2001). The determinants of outstanding balances among credit card revolvers. Financial Counseling and Planning, 12(1), 67-77.
35. Laibson, D., Repetto, A., & Tobacman, J. (2003). A debt puzzle. In P. Aghion, R. Fryman, J. Stiglitz, & M. Woodford (Eds.), Knowledge, information, and expectations in modern economics: In honor of Edmund S. Phelps (pp. 228-266). Princeton: Princeton University Press.
36. Lundberg, S., Startz, R., & Stillman, S. (2003). The retirement-consumption puzzle: A marital bargaining approach. Journal of Public Economics, 87(5-6), 1199-1218.
37. Lyons, A. C., & Yilmazer, T. (2005). Health and financial strain: Evidence from the Survey of Consumer Finance. Southern Economic Journal, 71(4), 873-890.
38. Meer, J., Miller, D. L., & Rosen, H. S. (2003). Exploring the health-wealth nexus. Journal of Health Economics, 22(5), 713-773.
39. Merlis, M., Goud, D., & Mahato, B. (2006). Rising out-of-pocket spending for medical care: A growing strain on family budgets. New York, NY: The Commonwealth Fund.
40. Min, L, & Kim, J.-H. (2003). Modelling credit card borrowing: A comparison of type I and type II Tobit approaches. Southern Economic Journal, 70(1), 128-143.
41. National Center for Health Statistics. (2005). Health, United States, 2005 with chartbook on trends in the health of Americans. Hyattsville, MD: National Center for Health Statistics.
42. Prince, D. V. (2004). Educational debt burden among student borrowers: An analysis of the Baccalaureate & Beyond Panel, 1997 follow-up. Research in Higher Education, 45(7), 701-737.
43. Rosen, H. S., & Wu, S. (2004). Portfolio choice and health status. Journal of Financial Economics, 72(3), 457-484.
44. Sato, M., & Ohkusa, Y. (2003). The relationship between smoking initiation and time discounting factor, risk aversion and information. Applied Economic Letters, 10(5), 287-289.
45. Smith, J. P. (1999). Healthy bodies and thick wallets: The dual relationship between health and economic status. Journal of Economic Perspectives, 13(2), 145-166.
46. Smith, P. K., Bigin, B., & Bishai, D. (2005). Are time preferences and Body Mass Index associated? Evidence from the National Longitudinal Survey of Youth. Economics and Human Biology, 3(2), 259-270.
47. Stewart, J. M. (2001). The impact of health status on the duration of unemployment spells and the implications for studies of impact of unemployment on health status. Journal of Health Economics, 20(5), 781-796.
48. Williams, J. (2005). Habit formation and college students' demand for alcohol. Health Economics, 14(2), 119-134.
49. Wu, S. (2003). The effect of health events on the economic status of married couples. Journal of Human Resources, 35(1), 219-223.