How household debt impacts residents' health: evidence from China

被引：0
|
作者：
Yin, Xinyun [1 ]
Wang, Rui [1 ]
Zhao, Menglu [2 ]
机构：
[1] Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China
[2] Univ Int Business & Econ, Sch Business, Beijing, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2024年 / 31卷 / 11期
关键词：
Residents' health; over-indebtedness; household finance; household debt; LEVERAGE;
D O I：
10.1080/13504851.2023.2166658
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper explores the relationship between household debt and residents' health. Using the China Family Panel Studies (CFPS) database, we find that household debt has a negative effect, which shows asymmetry and persistence on residents' health. Further heterogeneity analysis reveals that an increase in the debt level of non-over-indebted households has a more significant negative impact on residents' health, and, therefore, households need to consider the possible impact on health welfare of increases in their debt level.
引用
收藏
页码：996 / 999
页数：4
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