G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13753
DP13753 The Economic Consequences of Hospitalizations for Older Workers across Countries
Corina Mommaerts; Syed Hassan Raza; Yu Zheng
发表日期2019-05-23
出版年2019
语种英语
摘要This paper estimates the effect of hospital admissions among older workers on economic outcomes across countries. We use harmonized longitudinal survey data from the United States, China, and 13 countries in Europe, and follow the event study design of Dobkin, Finkelstein, Kluender and Notowidigdo (2018) to estimate dynamic effects of a hospitalization on out-of-pocket health expenditures, labor market outcomes, social insurance payments, and household income. We find distinctly different patterns across countries. In contrast to the United States, where hospitalizations lead to large health expenditures and decreases in earnings, individuals in Northern and Southern Europe are largely protected from negative economic outcomes. Hospitalizations in China lead to even larger out-of-pocket expenditures as a percent of prior income, but do not negatively affect labor market outcomes. Our results largely align with the differences in generosity across countries in social protection institutions that include health systems, social security programs and labor market regulations.
主题Labour Economics ; Public Economics
关键词Health shocks Medical spending Healthcare system Social insurance program Labor market protection Cross-country differences
URLhttps://cepr.org/publications/dp13753
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542618
推荐引用方式
GB/T 7714
Corina Mommaerts,Syed Hassan Raza,Yu Zheng. DP13753 The Economic Consequences of Hospitalizations for Older Workers across Countries. 2019.
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