| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28057 |
| 来源ID | Working Paper 28057 |
| Asymmetric Demand Response when Prices Increase and Decrease: The Case of Child Healthcare | |
| Toshiaki Iizuka; Hitoshi Shigeoka | |
| 发表日期 | 2020-11-09 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This study tests whether demand responds symmetrically to price increases and decreases—a seemingly obvious proposition under conventional demand theory that has not been rigorously tested. Exploiting rapid expansion in municipal subsidies for child healthcare in a difference-in-differences framework, we find evidence against it: when coinsurance, our price measure, increases from 0% to 30%, the demand response is more than twice that to a price decrease from 30% to 0%, a result consistent with loss aversion. This result indicates that, while economists and policymakers pay little attention, the price change direction matters, and that welfare analysis should incorporate this direction. |
| 主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w28057 |
| 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/585730 |
| 推荐引用方式 GB/T 7714 | Toshiaki Iizuka,Hitoshi Shigeoka. Asymmetric Demand Response when Prices Increase and Decrease: The Case of Child Healthcare. 2020. |
| 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 | ||
| w28057.pdf（530KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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