The impact of financial insecurity on self-reported health: Europe in cross-national perspective
Metadatos
Mostrar el registro completo del ítemEditorial
Elsevier
Materia
Self-assessed health Financial insecurity Cross country differences Prospect theory Loss aversion Scarring and anticipation effects Multilevel techniques
Fecha
2023-10-02Referencia bibliográfica
M. Blázquez and A.I. Moro-Egido. The impact of financial insecurity on self-reported health: Europe in cross-national perspective. Economic Analysis and Policy 80 (2023) 1123–1137 [https://doi.org/10.1016/j.eap.2023.09.038]
Patrocinador
R&D&r Programs of the Spanish Government through the project PID2019111765GB-I00; Andalucìa Government through the project PY18-4115; R&D&r programmes of the Regional Government of Andalusia through project B-SEJ-10-UGR20Resumen
Using the EU-SILC 2008 module on over-indebtedness and financial exclusion, this paper analyses how perceived future-orientated economic insecurity alters individual
self-assessed health (SAH), once controlling for past and current financial situation in
a range of European countries. Those effects differ by gender and by country. Our
results also suggest that country characteristics explain a larger part of the unknown
variability of individual levels of SAH than individual-household characteristics. Thus, our
findings might be of help in designing the most effective policies intended to alleviate
the individual welfare costs of perceived financial insecurity provoked by upcoming
business-cycle downturns.