The Association between Income Volatility and Perceived Levels of Health among Non-retired Individuals Living Alone and Living with Someone Else.

Live Poster Session: https://wesleyan.zoom.us/j/92990876319

Dragos Geica

Dragos is a sophomore student at Wesleyan University. He is a prospective Economics major and Data Analysis minor. Outside of class, he is a co-chair of the International Student Advisory Board.

Abstract: Income volatility has been recognized as a threat to physical and psychological well-being. However, current literature does not consider the impact of living arrangements on the breadwinner’s volatility and health levels. Using nationally representative data from the National Financial Well-Being Survey (n = 6,394), this project investigates the relationship between household income volatility, self-reported health, and whether individuals live alone or with someone else. Bivariate analyses indicate that high income volatility is more common among respondents reporting poor health, with the strongest associations appearing at the extremes of both variables. Multivariate logistic regressions further reveal that moderate volatility levels are associated with higher odds of living with someone, while high volatility shows no association. Age and gender emerge as meaningful predictors of living arrangements: older adults are progressively more likely to live alone, and women exhibit lower odds of living with someone than men. The results highlight the need for deeper investigation into how social, economic, and demographic factors jointly shape vulnerability to financial instability and its health consequences.

Poster_GeicaDragosQAC201