The influence of individual health outcomes on individual savings behavior

Autor:	Comfort F. Ricketts, Jon P. Rezek, Randall C. Campbell
Rok vydání:	2013
Předmět:	Estimation Health problems Individual health Sociology and Political Science Social Psychology Instrumental variable National Longitudinal Surveys Health outcomes Affect (psychology) Depression score Psychology Social psychology Demography
Zdroj:	The Social Science Journal. 50:471-481
ISSN:	1873-5355 0362-3319
Popis:	In this essay, data from the 2006 wave of the National Longitudinal Survey of Youth (NLSY79-2006), and the two stage least squares (2SLS) estimation technique are used to investigate the relationship between health outcomes and the willingness of individuals (age 41–50) to save. Health perception, physical component score, mental component score, depression score and the diagnosis of a variety of health problems are used as health measures for the analysis described in this essay. We find that health perception and physical component score are positively related to the willingness of individuals to save; while the diagnosis of major health problems is negatively related to the willingness of individuals to save. The effect of mental component score and depression score on individuals’ willingness to save differs significantly between males and females. A higher mental component score is found to be positively related to the willingness of females to save; while depression score is found to affect the willingness of females to save negatively. Both mental component score and depression score are not related to the willingness of male respondents to save.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::40ba21c4616c39d091a854b4f95b393f https://doi.org/10.1016/j.soscij.2013.08.008 Zobrazit plný text záznamu