Maclean, Johanna Catherine; Kessler, Asia Sikora; … - Economics Department, Temple University - 2015
In this study we use the Health and Retirement Study (HRS) to test whether older adult smokers, defined as those 50 years and older, respond to cigarette tax increases. Our preferred specifications show that older adult smokers respond modestly to tax increases: a $1.00 (131.6%) tax increase...