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Wealth Accumulation and the Health of Union Army Veterans, 1860–1870

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  • LEE, CHULHEE

Abstract

How did the wartime health of Union Army recruits affect their wealth accumulation through 1870? Wounds and exposure to combat had strong negative effects on subsequent savings, as did illnesses while in the service. The impact of poor health was particularly strong for unskilled workers. Health was a powerful determinant of nineteenth-century economic mobility. Infectious diseases' influences on wealth accumulation suggest that the economic gains from the improvement of the disease environment should be enormous. The direct economic costs of the Civil War were probably much greater than previously thought, given the persistent adverse health effects of wartime experiences.

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  • Lee, Chulhee, 2005. "Wealth Accumulation and the Health of Union Army Veterans, 1860–1870," The Journal of Economic History, Cambridge University Press, vol. 65(2), pages 352-385, June.
    • Handle: RePEc:cup:jechis:v:65:y:2005:i:02:p:352-385_00
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    Cited by:

    1. Lee, Chulhee, 2014. "In utero exposure to the Korean War and its long-term effects on socioeconomic and health outcomes," Journal of Health Economics, Elsevier, vol. 33(C), pages 76-93.
    2. Sok Chul Hong, 2010. "Marriage and Men's Wealth Accumulation in the United States, 1860-1870," Korean Economic Review, Korean Economic Association, vol. 26, pages 27-58.
    3. Lee, Chulhee, 2012. "Military service and economic mobility: Evidence from the American civil war," Explorations in Economic History, Elsevier, vol. 49(3), pages 367-379.
    4. Dora Costa, 2012. "Scarring and Mortality Selection Among Civil War POWs: A Long-Term Mortality, Morbidity, and Socioeconomic Follow-Up," Demography, Springer;Population Association of America (PAA), vol. 49(4), pages 1185-1206, November.
    5. Dora L. Costa & Heather DeSomer & Eric Hanss & Christopher Roudiez & Sven E. Wilson & Noelle Yetter, 2017. "Union Army veterans, all grown up," Historical Methods: A Journal of Quantitative and Interdisciplinary History, Taylor & Francis Journals, vol. 50(2), pages 79-95, April.
    6. Costa, Dora L. & Yetter, Noelle & DeSomer, Heather, 2020. "Wartime health shocks and the postwar socioeconomic status and mortality of union army veterans and their children," Journal of Health Economics, Elsevier, vol. 70(C).
    7. Noymer, Andrew, 2009. "Testing the influenza-tuberculosis selective mortality hypothesis with Union Army data," Social Science & Medicine, Elsevier, vol. 68(9), pages 1599-1608, May.
    8. Lee, Chulhee, 2007. "Military positions and post-service occupational mobility of Union Army veterans, 1861-1880," Explorations in Economic History, Elsevier, vol. 44(4), pages 680-698, October.

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