Welcome to CDC stacks | Social Security Income and Health Care Spending: Evidence from the Social Security Notch* - 53011 | CDC Public Access
Stacks Logo
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.
 
 
Help
Clear All Simple Search
Advanced Search
Social Security Income and Health Care Spending: Evidence from the Social Security Notch*
Filetype[PDF-645.65 KB]


Details:
  • Personal Authors:
  • Pubmed ID:
    29416194
  • Pubmed Central ID:
    PMC5798471
  • Description:
    The paper exploits Social Security legislation changes to identify the causal effect of Social Security income on out-of-pocket medical expenditures of the elderly. Using the 1986-1994 Consumer Expenditure Survey and an instrumental variables strategy, the empirical results show that health care expenditures are responsive to changes in Social Security income for elderly individuals with less than a high school education. The estimated income elasticities are between 1.41 and 3.47 depending on the outcome measures and are statistically significant at conventional levels. The findings are in contrast to existing studies that find a small income elasticity at the individual/household level.

  • Document Type:
  • Collection(s):
  • Main Document Checksum:
No Related Documents.
You May Also Like: