Replication data for: Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence
Principal Investigator(s): View help for Principal Investigator(s) Hanming Fang; Alessandro Gavazza
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| data | 12/06/2019 03:58:PM | ||
|
|
text/plain | 14.6 KB | 12/06/2019 10:58:AM |
Project Citation:
Fang, Hanming, and Gavazza, Alessandro. Replication data for: Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116101V1
Project Description
Summary:
View help for Summary
We investigate the effects of the institutional settings of the US health
care system on individuals' life-cycle medical expenditures. Health is a form of general human capital; labor turnover and labor-market frictions prevent an employer-employee pair from capturing the entire surplus from investment in an employee's health. Thus, the pair underinvests in health during working years, thereby increasing
medical expenditures during retirement. We provide empirical evidence consistent with the comparative statics predictions of our model using the Medical Expenditure Panel Survey (MEPS) and the Health and Retirement Study (HRS). Our estimates suggest significant
inefficiencies in health investment in the United States. (JEL D14, D91, G22, I11, J32)
Scope of Project
JEL Classification:
View help for JEL Classification
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
G22 Insurance; Insurance Companies; Actuarial Studies
I11 Analysis of Health Care Markets
J32 Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
G22 Insurance; Insurance Companies; Actuarial Studies
I11 Analysis of Health Care Markets
J32 Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.