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Financial unhealthiness predicts worse health outcomes: evidence from a sample of working Canadians.
Public Health 2017 March
OBJECTIVE: This paper investigates how financial health associates with self-rated health, for a sample of working Canadians. Financial health is defined as an indicator of the proportionality of household consumption to its income.
STUDY DESIGN: The study draws on the Canadian General Social Survey of 2011, a cross-sectional data set.
METHODS: Multivariate regression analysis is employed.
RESULTS: The results show that financial unhealthiness is a statistically significant and strong predictor of worse physical and mental health outcomes, controlling for a wide array of characteristics, including income and job security implied by occupational category.
CONCLUSION: Policy implications are explored.
STUDY DESIGN: The study draws on the Canadian General Social Survey of 2011, a cross-sectional data set.
METHODS: Multivariate regression analysis is employed.
RESULTS: The results show that financial unhealthiness is a statistically significant and strong predictor of worse physical and mental health outcomes, controlling for a wide array of characteristics, including income and job security implied by occupational category.
CONCLUSION: Policy implications are explored.
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