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...
| Main Authors: | , , , , |
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| Format: | Journal Article |
| Language: | English |
| Published: |
OXFORD UNIV PRESS
2022
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| Subjects: | |
| Online Access: | http://purl.org/au-research/grants/arc/DP140100748 http://hdl.handle.net/20.500.11937/88780 |
| _version_ | 1848765081488195584 |
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| 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 |