Breyer, Friedrich; Lorenz, Normann; Niebel, Thomas - In: The European Journal of Health Economics 16 (2015) 1, pp. 95-112
It is still an open question whether increasing life expectancy as such causes higher health care expenditures (HCE) in a population. According to the “red herring” hypothesis, the positive correlation between age and HCE is exclusively due to the fact that mortality rises with age and a...