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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13753 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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