The health-wealth connection: racial differences.
This article examines the theoretical connection between health capital and financial capital in an economic life-cycle model, exploring possible explanations for racial differences in capital accumulation behavior. Using data from the Health and Retirement Survey, detailed descriptive analysis and a comparison of regression models for health and financial capital are presented. The results, although preliminary and based on cross-section data, suggest possible racial differences in the connection between health and wealth and deserve further study.
Shea
D G
DG
College of Health and Human Development, Department of Health Policy and Administration, Pennsylvania State University, University Park 16802, USA.
Miles
T
T
Hayward
M
M
D001741:Black or African American; D003430:Cross-Sectional Studies; D005260:Female; D006304:Health Status; D006801:Humans; D007182:Income; D008297:Male; D008875:Middle Aged; D008962:Models, Theoretical; D012044:Regression Analysis; D014481:United States; D044465:White People