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The Gerontologist, Vol 36, Issue 3 342-349, Copyright © 1996 by The Gerontological Society of America

ARTICLES

The health-wealth connection: racial differences

DG Shea, T Miles and M Hayward
College of Health and Human Development, Department of Health Policy and Administration, Pennsylvania State University, University Park 16802, USA.

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.


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Copyright © 1996 by The Gerontological Society of America.