Goldsmith-Pinkham, Paul; Pinkovskiy, Maxim; Wallace, Jacob - 2020
We use a five percent sample of Americans' credit bureau data to study the effects of public health insurance on the … geography of consumer financial health. Exploiting the nearly universal eligibility for Medicare at age 65, we find a 30 percent … race and education. Areas that experienced the largest gains in financial health at age 65 had higher shares of black …