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Does money in adulthood affect adult outcomes?

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  • Cooper, Kerris
  • Stewart, Kitty

Abstract

This report examines the evidence on whether money in adulthood has a causal impact on wider adult outcomes. Individuals with less income tend to do worse on a range of indicators than those with more, including measures of physical health and subjective well-being. Would more money in itself make a difference? Or are these differences driven by other, associated factors (education, more satisfying work), or by long-term factors too well-established to shift with a boost to income during adulthood?

Suggested Citation

  • Cooper, Kerris & Stewart, Kitty, 2015. "Does money in adulthood affect adult outcomes?," LSE Research Online Documents on Economics 121477, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:121477
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    File URL: http://eprints.lse.ac.uk/121477/
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    Cited by:

    1. Barr, Ben & Kinderman, Peter & Whitehead, Margaret, 2015. "Trends in mental health inequalities in England during a period of recession, austerity and welfare reform 2004 to 2013," Social Science & Medicine, Elsevier, vol. 147(C), pages 324-331.
    2. Mark Fransham & Ruth Patrick & Aaron Reeves & Kitty Stewart, 2020. "Did the introduction of the benefit cap in Britain harm mental health? A natural experiment approach," CASE Papers /221, Centre for Analysis of Social Exclusion, LSE.

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    More about this item

    Keywords

    money; poverty; health; adult; wellbeing;
    All these keywords.

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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