Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Conference or Workshop Paper |
| Scope | Discipline-based scholarship |
| Published in Proceedings | Yes |
| Title | Macroeconomic consequences of alternative reforms to the health insurance System in the U.S. |
| Organization Unit | |
| Authors |
|
| Presentation Type | paper |
| Item Subtype | Original Work |
| Refereed | No |
| Status | Published in final form |
| Language |
|
| Event Title | Economics Seminar |
| Event Type | conference |
| Event Location | City University of New York, Queens and Florida International University, Miami |
| Event Start Date | September 11 - 2009 |
| Event End Date | September 15 - 2009 |
| Abstract Text | In this paper I employ a dynamic general equilibrium model to study macroeconomic effects and welfare implications of alternative reforms to the U.S. health insurance system. In particular, I focus on expanding Medicare to the entire population, extending Medicaid, and having an individual mandate as well as other related medical reforms. All these reforms can be financed in several ways. I consider a stochastic OLG framework with heterogeneous agents facing uncertain health shocks. Individuals make optimal decisions on labor supply, health insurance, and medical services. As the amount of optimal medical consumption and hours worked are endogenous, this environment captures general equilibrium effects. The model is calibrated to the U.S. data. Numerical simulations indicate that reforming the health insurance system has several important macroeconomic effects on health expenditures, hours worked, and welfare. |
| Other Identification Number | merlin-id:461 |
| PDF File |
Download from ZORA
|
| Export |
BibTeX
EP3 XML (ZORA)
|