2020
DOI: 10.1177/0022146520924811
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Beyond Net Worth: Racial Differences in Wealth Portfolios and Black–White Health Inequality across the Life Course

Abstract: A large body of research links wealth and health, but most previous work focuses on net worth. However, the assets and debts that comprise wealth likely relate to health in different and meaningful ways. Furthermore, racial differences in wealth portfolios may contribute to racial health gaps. Using longitudinal data from the Panel Study of Income Dynamics (PSID) and mixed effects growth curve models, we examined the associations between various wealth components and multiple health outcomes. We also investiga… Show more

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Cited by 65 publications
(60 citation statements)
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“…Falling participation in labor unions has been linked to rising mortality rates from suicide and drug overdose [ 74 ]. Structural racism—as manifest by racial gaps in economic opportunity, racial gaps in wealth, racial segregation, and risk of incarceration—have also been negatively associated with a range of health outcomes, particularly for Black Americans [ 60 , 75 77 ].…”
Section: Economic Outcomes and Population Healthmentioning
confidence: 99%
“…Falling participation in labor unions has been linked to rising mortality rates from suicide and drug overdose [ 74 ]. Structural racism—as manifest by racial gaps in economic opportunity, racial gaps in wealth, racial segregation, and risk of incarceration—have also been negatively associated with a range of health outcomes, particularly for Black Americans [ 60 , 75 77 ].…”
Section: Economic Outcomes and Population Healthmentioning
confidence: 99%
“…We consider personal earnings, household income, net worth, housing wealth, vehicle wealth, financial wealth, and indebtedness. A growing body of research provides evidence that these economic resources, as well as gains and losses in these resources, can have independent relationships with health (Boen, Keister, & Aronson, 2020; Boen & Yang, 2016; Wolfe et al, 2019). Below, we discuss in greater detail how different economic resources may explain the association between divorce and survival among older women.…”
Section: Introductionmentioning
confidence: 99%
“…We consider personal earnings, household income, net worth, housing wealth, vehicle wealth, financial wealth, and indebtedness. A growing body of research provides evidence that these economic resources, as well as gains and losses in these resources, can have independent relationships with health (Boen and Yang 2016, Wolfe, Baker et al 2019, Boen, Keister et al 2020. Below, we discuss in greater detail how different economic resources may explain the association between divorce and survival among older women.…”
mentioning
confidence: 99%