Life Cycle Response to Health Status
Mardi | 2016-02-09 Salle Sully 5, 16h00 à 17h20 This paper studies the lifetime effects of exogenous changes in health insurance coverage (e.g. Medicare, PPACA, termination of employer-provided plans) on the dynamic optimal allocation (consumption, leisure, health expenditures), status (health, wealth and survival rates), and welfare. We solve, structurally estimate, and simulate a parsimonious life cycle model with endogenous exposure to morbidity and mortality risks to analyze the impact of young (resp. old) insurance status conditional on old (resp. young) […]