Keese, Matthias; Schmitz, Hendrik - 2010
precarious debt situation). We find all debt measures to be strongly correlated with health satisfaction, mental health, and … obesity. Controlling for unobserved heterogeneity and reversed causality we find evidence that household debt also causally … deteriorates physical and mental health. However, there is no causal effect on being obese. -- Debt ; health satisfaction ; mental …