How financial strain affects health: Evidence from the Dutch National Bank Household Survey

Soc Sci Med. 2017 Apr:178:127-135. doi: 10.1016/j.socscimed.2017.02.006. Epub 2017 Feb 14.

Abstract

The mechanisms by which financial strain affects health are not well understood. In this paper, we conduct a longitudinal mediation analysis of the Dutch National Bank Household Survey. To quantify the relative importance of biological and nonbiological pathways from financial strain to health, we consider smoking, heavy drinking and being overweight as plausible behavioural responses to financial strain but find that only 4.9% of the response of self-reported health to financial strain is mediated by these behaviours. Further analysis indicates that although financial strain increases impulsivity this has little effect on unhealthy behaviours. Economic stresses therefore appear to be distinct from other forms of stress in the relatively minor influence of nonbiological pathways to ill-health.

Keywords: Financial strain; Health.

MeSH terms

  • Adult
  • Aged
  • Bankruptcy / economics*
  • Female
  • Health Impact Assessment / methods
  • Health Status*
  • Humans
  • Longitudinal Studies
  • Male
  • Middle Aged
  • Netherlands
  • Socioeconomic Factors
  • Stress, Psychological / complications*
  • Stress, Psychological / economics
  • Surveys and Questionnaires