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Author: Uddin, Jalal
Resulting in 1 citation.
1. Wolfe, Joseph D.
Baker, Elizabeth H.
Uddin, Jalal
Kirkland, Stephanie
Varieties of Financial Stressors and Midlife Health Problems
Journals of Gerontology: Series B published online (17 June 2021): gbab108.
Also: https://doi.org/10.1093/geronb/gbab108
Cohort(s): NLSY79
Publisher: Gerontological Society of America
Keyword(s): Bankruptcy; Debt/Borrowing; Health, Chronic Conditions; Health, Mental; Stress

Objective: Financial stressors such as wealth loss, indebtedness, and bankruptcy have gained the attention of public health scholars since the Great Recession. In this study, we extend this area of research by comparing the mental and physical impact of multiple financial stressors during midlife, a pivotal period in the life course for wealth accumulation and disease onset.

Methods: With data from the National Longitudinal Survey of Youth 1979 (www.nlsinfo.org), an ongoing survey of adult men and women in the U.S., we used logistic regression to estimate the associations between financial stressors and the risk of a psychiatric disorder or high blood pressure diagnosis from ages 31-39 in 1996 to ages 50-59 in 2016 (N = 7,143). Financial stressors include multiple types of wealth loss, debt, and bankruptcy.

Results: Even after adjusting for a comprehensive set of confounders, many of the financial stressors we considered had similar associations with the risk of a psychiatric disorder, whereas only debt and bankruptcy were associated with the risk of high blood pressure. The best fitting models for both health outcomes included a simple indicator of indebtedness. Stock losses were not significantly associated with either health outcome.

Bibliography Citation
Wolfe, Joseph D., Elizabeth H. Baker, Jalal Uddin and Stephanie Kirkland. "Varieties of Financial Stressors and Midlife Health Problems." Journals of Gerontology: Series B published online (17 June 2021): gbab108.