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BROKE, ILL, AND OBESE: IS THERE AN EFFECT OF HOUSEHOLD DEBT ON HEALTH?

机译:布鲁克,生病和肥胖:家庭债务对健康有影响吗?

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摘要

We analyze the association between household indebtedness and different health outcomes using data from the German Socio-Economic Panel from 1999 to 2009. We control for unobserved heterogeneity by applying fixed-effects methods and furthermore use a subsample of constantly employed individuals plus lagged debt variables to reduce problems of reverse causality. We apply different measures of household indebtedness, such as the percentage shares of household income spent on consumer credit and home loan repayments (which indicate the severity of household indebtedness) and a binary variable of relative overindebtedness (which indicates a precarious debt situation). We find all debt measures to be strongly correlated with health satisfaction, mental health, and obesity. This relationship vanishes for obesity after controlling for unobserved heterogeneity while it stays significant with respect to worse physical and mental health.
机译:我们使用德国社会经济专家小组1999年至2009年的数据来分析家庭债务与不同健康状况之间的关联。我们通过应用固定效应方法来控制未观察到的异质性,此外,还使用了固定就业者的子样本以及滞后债务变量减少反向因果关系的问题。我们采用不同的家庭债务衡量标准,例如花费在消费者信贷和房屋贷款还款上的家庭收入所占的百分比(表明家庭债务的严重程度)和相对超额债务的二元变量(表明不稳定的债务状况)。我们发现所有债务措施都与健康满意度,精神健康和肥胖症密切相关。在控制了未观察到的异质性之后,这种关系对于肥胖症消失了,而对于身体和精神健康的恶化而言,这种关系仍然很重要。

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