Work

Household Financial Assets Inequity and Health Disparities Among Young Adults: Evidence from the National Longitudinal Study of Adolescent to Adult Health.

Year: 2018

Type: article

Abstract: INTRODUCTION: = 10,861), this study investigated the relationships between three household total assets value groups (low, moderate, and high assets) and three net worth groups (negative, neutral, and positive) on young adults' general health, obese, and depression. RESULTS: Both assets and debts were related to young adults' health status, young adults with more assets and positive net worth have higher probability to report a better level of both general health and depression. Young adult's obesity was found to be associated with net worth but not with assets. CONCLUSIONS AND IMPLICATIONS: Our work connects health promotion with poverty alleviation to address the challenge of health disparity. A better understanding of different forms of financial resources (e.g., income, assets, and debt) and their dynamic relationships with health outcomes will contribute to developing effective asset-based interventions for promoting health status. Particularly, current policy and practice should consider the importance of resolving and clearing debt.

Source: PubMed

Authors: Shiyou Wu, Xiafei Wang, Qi Wu, Kathleen M Harris

Institutions: Arizona State University, The Ohio State University, University of North Carolina at Chapel Hill

Language: English

Topic: Health disparities and outcomes

Subfield: Health

Field: Social Sciences

Domain: Social Sciences

SDGs: Good health and well-being, Reduced inequalities

Open Access status: green

Funder: Eunice Kennedy Shriver National Institute of Child Health and Human Development

Awards: The National Longitudinal Study of Adolescent to Adult Health, Carolina Population Center