Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

From Misfortune to Mortality

From Misfortune to Mortality Opinion EDITORIAL Sudden Loss of Wealth and Increased Risk of Death Alan M. Garber, MD, PhD Whether it is the consequence of unfortunate decisions or un- business failed was small. But many others owned homes and could experience a decline in housing wealth, perhaps be- avoidable circumstances, financial loss and ruin can disrupt lives and can be both a result and an omen of catastrophic decline in cause their house was sold to meet other expenses or its value health.Theintriguingstudyby declined substantially. Because changes in wealth were self- Pool and colleagues in this is- reported and could represent paper losses (an asset like a house sue of JAMA raises an impor- has not been sold, but its market value has decreased) rather Related article page 1341 tant question that has been than realized losses (the house was sold for less than the pre- easier to explore with anecdotes and hypothetical examples than viously reported value), the measures of wealth shocks are im- by analyzing population data: is financial ruin a harbinger of perfect. However, that makes the results more striking, be- physical decline? Specifically, are people who lose much of their cause mismeasurement of wealth change would tend to http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png JAMA American Medical Association

From Misfortune to Mortality

JAMA , Volume 319 (13) – Apr 3, 2018

Loading next page...
 
/lp/american-medical-association/from-misfortune-to-mortality-g4P0duEjOg
Publisher
American Medical Association
Copyright
Copyright 2018 American Medical Association. All Rights Reserved.
ISSN
0098-7484
eISSN
1538-3598
DOI
10.1001/jama.2018.3418
pmid
29614162
Publisher site
See Article on Publisher Site

Abstract

Opinion EDITORIAL Sudden Loss of Wealth and Increased Risk of Death Alan M. Garber, MD, PhD Whether it is the consequence of unfortunate decisions or un- business failed was small. But many others owned homes and could experience a decline in housing wealth, perhaps be- avoidable circumstances, financial loss and ruin can disrupt lives and can be both a result and an omen of catastrophic decline in cause their house was sold to meet other expenses or its value health.Theintriguingstudyby declined substantially. Because changes in wealth were self- Pool and colleagues in this is- reported and could represent paper losses (an asset like a house sue of JAMA raises an impor- has not been sold, but its market value has decreased) rather Related article page 1341 tant question that has been than realized losses (the house was sold for less than the pre- easier to explore with anecdotes and hypothetical examples than viously reported value), the measures of wealth shocks are im- by analyzing population data: is financial ruin a harbinger of perfect. However, that makes the results more striking, be- physical decline? Specifically, are people who lose much of their cause mismeasurement of wealth change would tend to

Journal

JAMAAmerican Medical Association

Published: Apr 3, 2018

References