Financial Literacy and Senior-Aged Food Insecurity

Dec 18, 2024ยท
William Brasic
William Brasic
,
Courtney Coughenour
,
Ian K. McDonough
ยท 0 min read
Abstract
Food insecurity remains one of the most significant public health concerns in the United States today with this being particularly true for the senior population. Using original survey data collected in Clark County, NV, we investigate the link between financial literacy and senior food security relying on perceived parental financial confidence as an exclusion restriction. Our results indicate that financial literacy broadly, and financial behaviors specifically, can play a critical role in lessening the propensity for a senior household to be classified as food insecure.