| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22513 |
| 来源ID | Working Paper 22513 |
| Life-Cycle Consumption Patterns at Older Ages in the US and the UK: Can Medical Expenditures Explain the Difference? | |
| James Banks; Richard Blundell; Peter Levell; James P. Smith | |
| 发表日期 | 2016-08-22 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures. Among all the potential explanations considered, we find that those to do with healthcare—differences in levels and age paths in medical expenses—can fully account for the steeper declines in nondurable consumption in the UK compared to the US. |
| 主题 | Microeconomics ; Households and Firms ; Behavioral Economics |
| URL | https://www.nber.org/papers/w22513 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580187 |
| 推荐引用方式 GB/T 7714 | James Banks,Richard Blundell,Peter Levell,et al. Life-Cycle Consumption Patterns at Older Ages in the US and the UK: Can Medical Expenditures Explain the Difference?. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22513.pdf（1139KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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