Wealth Accumulation and the Health of Union Army Veterans, 1860–1870
研究了美国内战期间联邦军新兵的健康状况如何影响其到1870年的财富积累,发现伤病和疾病对储蓄有强烈负面影响,尤其是对非熟练工人,表明健康是19世纪经济流动性的重要决定因素。
How did the wartime health of Union Army recruits affect their wealth accumulation through 1870? Wounds and exposure to combat had strong negative effects on subsequent savings, as did illnesses while in the service. The impact of poor health was particularly strong for unskilled workers. Health was a powerful determinant of nineteenth-century economic mobility. Infectious diseases' influences on wealth accumulation suggest that the economic gains from the improvement of the disease environment should be enormous. The direct economic costs of the Civil War were probably much greater than previously thought, given the persistent adverse health effects of wartime experiences.