Wealth Accumulation and Health Accumulation

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I conducted several empirical analyses on the relationship between wealth accumulation and health accumulation, using different kinds of Japanese individual data. The main results are as follows. First, individual preferences for time and risk are the important factors determining precautionary behaviors, which indeed changes health status. Second, the health-related activities, say food preparation, may be disturbed by mother' s labor force participation in lower middle classes. Third, parent' s unemployment deteriorates health condition of newborn babies. Fourth, the relationship between wealth and health is not a simple correlation, but a real causation from more wealth to better health.