Association of Income and Wealth with Self-reported Health Status: Analysis of European Countries during the Financial Crisis

In this paper, we evaluate the association of changes in income and wealth with self-perceived health for the European Union (EU) countries, using a longitudinal sample of individuals. We estimated generalized linear mixed models for three waves of the Eurosystem Household Finance and Consumption Su...

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Veröffentlicht in:Hacienda pública española 2024-01, Vol.249 (2), p.181-210
Hauptverfasser: Maynou, Laia, Saéz, Marc, López i Casasnovas, Guillem
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Saéz, Marc
López i Casasnovas, Guillem
description In this paper, we evaluate the association of changes in income and wealth with self-perceived health for the European Union (EU) countries, using a longitudinal sample of individuals. We estimated generalized linear mixed models for three waves of the Eurosystem Household Finance and Consumption Survey (2011, 2015, 2017), adjusting for family and individual heterogeneity and for temporal trends. Results show that variations in income have a positive and significant impact on changes in self-perceived health during the financial crisis, but not after 2015. In conclusion, we find that income, rather than wealth, played an important role in protecting health.
doi_str_mv 10.7866/HPE-RPE.24.2.7
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subjects Confounding (Statistics)
Consumption
Economic crisis
Family income
Finance
Health status
Households
Housing prices
Literature reviews
Longitudinal studies
Mental depression
Mental disorders
Mental health
Polls & surveys
Self report
Socioeconomic factors
Wealth
Working conditions
title Association of Income and Wealth with Self-reported Health Status: Analysis of European Countries during the Financial Crisis
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