Household saving, health, and healthcare utilization in Japan

We explore the effects of health and healthcare utilization on household saving and financial portfolios using data from the Japanese Household Panel Survey and the Keio Household Panel Survey. Poor psychological well-being is found to be associated with lower levels of savings and smaller financial...

Full description

Bibliographic Details
Main Authors: Alzuabi, R., Brown, S., Gray, D., Harris, Mark, Spencer, C.
Format: Journal Article
Language:English
Published: OXFORD UNIV PRESS 2022
Subjects:
Online Access:http://purl.org/au-research/grants/arc/DP140100748
http://hdl.handle.net/20.500.11937/88780
_version_ 1848765081488195584
author Alzuabi, R.
Brown, S.
Gray, D.
Harris, Mark
Spencer, C.
author_facet Alzuabi, R.
Brown, S.
Gray, D.
Harris, Mark
Spencer, C.
author_sort Alzuabi, R.
building Curtin Institutional Repository
collection Online Access
description We explore the effects of health and healthcare utilization on household saving and financial portfolios using data from the Japanese Household Panel Survey and the Keio Household Panel Survey. Poor psychological well-being is found to be associated with lower levels of savings and smaller financial portfolios, whereas associations with poor physical health are largely absent. Significantly, our findings do not support the hypothesis that poorer physical health is associated with savings accumulation. In contrast, healthcare utilization in the form of hospital visits, hospitalization, and health screening is associated with greater savings and larger financial portfolios. This suggests that healthcare-based incentives to accumulate savings and financial wealth are related to channels associated with investment in health.
first_indexed 2025-11-14T11:29:35Z
format Journal Article
id curtin-20.500.11937-88780
institution Curtin University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T11:29:35Z
publishDate 2022
publisher OXFORD UNIV PRESS
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-887802023-06-07T07:28:51Z Household saving, health, and healthcare utilization in Japan Alzuabi, R. Brown, S. Gray, D. Harris, Mark Spencer, C. Social Sciences Economics Business & Economics C33 C35 D14 G11 I10 QUANTILE REGRESSION MENTAL-ILLNESS INSURANCE We explore the effects of health and healthcare utilization on household saving and financial portfolios using data from the Japanese Household Panel Survey and the Keio Household Panel Survey. Poor psychological well-being is found to be associated with lower levels of savings and smaller financial portfolios, whereas associations with poor physical health are largely absent. Significantly, our findings do not support the hypothesis that poorer physical health is associated with savings accumulation. In contrast, healthcare utilization in the form of hospital visits, hospitalization, and health screening is associated with greater savings and larger financial portfolios. This suggests that healthcare-based incentives to accumulate savings and financial wealth are related to channels associated with investment in health. 2022 Journal Article http://hdl.handle.net/20.500.11937/88780 10.1093/oep/gpab025 English http://purl.org/au-research/grants/arc/DP140100748 OXFORD UNIV PRESS restricted
spellingShingle Social Sciences
Economics
Business & Economics
C33
C35
D14
G11
I10
QUANTILE REGRESSION
MENTAL-ILLNESS
INSURANCE
Alzuabi, R.
Brown, S.
Gray, D.
Harris, Mark
Spencer, C.
Household saving, health, and healthcare utilization in Japan
title Household saving, health, and healthcare utilization in Japan
title_full Household saving, health, and healthcare utilization in Japan
title_fullStr Household saving, health, and healthcare utilization in Japan
title_full_unstemmed Household saving, health, and healthcare utilization in Japan
title_short Household saving, health, and healthcare utilization in Japan
title_sort household saving, health, and healthcare utilization in japan
topic Social Sciences
Economics
Business & Economics
C33
C35
D14
G11
I10
QUANTILE REGRESSION
MENTAL-ILLNESS
INSURANCE
url http://purl.org/au-research/grants/arc/DP140100748
http://hdl.handle.net/20.500.11937/88780