Showing 1 - 10 of 18
One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS …
Persistent link: https://www.econbiz.de/10013246305
uncertainty, is the overall elasticity of taxable income. We provide new estimates of this elasticity which address identification … income, and on variation in the elasticity of taxable income by income group. We find that the overall elasticity of taxable … income is approximately 0.4; the elasticity of real income, not including tax preferences, is much lower. We also estimate …
Persistent link: https://www.econbiz.de/10013219972
Regular church attendance is strongly associated with a higher probability of voting. It is an open question as to whether this association, which has been confirmed in numerous surveys, is causal. We use the repeal of the laws restricting Sunday retail activity (quot;Blue lawsquot;) to measure...
Persistent link: https://www.econbiz.de/10012758430
Insurance product choice is a central feature of health insurance markets in the United States, yet there is ongoing concern over whether consumers choose appropriately in such markets – and little evidence on solutions to any choice inconsistencies. This paper addresses these omissions from...
Persistent link: https://www.econbiz.de/10012977629
In this study we examine the impact of a value-based insurance design (V-BID) program implemented between 2010 and 2013 at a large public employer in the state of Oregon. The program substantially increased cost-sharing, specifically copayments and coinsurance, for several healthcare services...
Persistent link: https://www.econbiz.de/10012978104
Medicare Part D enrollees face a complicated decision problem: they must dynamically choose prescription drug consumption in each period given difficult- to-find prices and a non-linear budget set. We use Medicare Part D claims data from 2006-2009 to estimate a flexible model of consumption that...
Persistent link: https://www.econbiz.de/10013027269
The effect of vouchers on sorting between private and public schools depends upon the price elasticity of demand for … private schooling. Estimating this elasticity is empirically challenging because prices and quantities are jointly determined … an elasticity of Catholic school attendance with respect to tuition costs of -0.19. Our subgroup results suggest that a …
Persistent link: https://www.econbiz.de/10013155117
While National Health Insurance (NHI) plans in the U.S. are often opposed on the basis of their potential disemployment effects, there is no existing evidence on the effects of NHI on employment. We provide such evidence by examining the employment consequences of NHI in Canada, using the fact...
Persistent link: https://www.econbiz.de/10013308339
The strong negative correlation over time between smoking rates and obesity have led some to suggest that reduced smoking is increasing weight gain in the U.S.. This conclusion is supported by the findings of Chou et al. (2004), who conclude that higher cigarette prices lead to increased body...
Persistent link: https://www.econbiz.de/10013227534
One of the most important economic decisions facing the elderly, and their families, is whether to live independently. A number of previous studies suggest that widows are fairly responsive to Social Security benefits in deciding whether to live independently. But these previous studies have...
Persistent link: https://www.econbiz.de/10013229050