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Working Paper
Health care costs, wages, and aging
While economists generally agree that workers pay for their health insurance costs through reduced wages, there has been little thought devoted to the level at which these costs are passed on: Is each employee's wage reduced by the amount of his or her own health costs, by the average health costs of employees in the firm, or by some amount in between? This paper analyzes one dimension of the question of how firms pass health costs to workers. Using cross-city variation in health costs, I test whether older workers pay for their higher health costs in the form of lower wages. I find that in ...
Journal Article
Rural health care: Heal thyself?
Journal Article
The economics of health care reform
An analysis of how three health care reform proposals--universal coverage, mandatory participation in regional health care alliances, and community-rated insurance premiums--would affect Americans' health and pocketbooks.
Newsletter
How do the risks of living long and facing high medical expenses affect the elderly’s saving behavior?
This article shows that the elderly, especially those with high lifetime incomes, maintain large asset holdings to account for the possibility of their living a long time and facing high medical expenses.
Working Paper
Social networks and vaccination decisions
We combine information on social networks with medical records and survey data in order to examine how friends affect one's decision to get vaccinated against the flu. The random assignment of undergraduates to residential halls at a large private university allows us to estimate how peer effects influence health beliefs and vaccination choices. Our results indicate that social exposure to medical information raises people's perceptions of the benefits of immunization. The average student's belief about the vaccine's health value increases by $5.00 when an additional 10 percent of her friends ...
Journal Article
The regional impact of health care reform - with a focus on New England
The United States has begun the huge task of reforming its health care system and many individuals have already begun to consider the likely impact of health care reform on their state's economy. Given the momentum of change in the private sector and at the state level, the U.S. health care system will never be the same again, with or without federal legislation. Because New England is the U.S. region most dependent on employment in health care services, concerns about the impact of health care reform are particularly acute in this area. ; Accordingly, this article presents a preliminary ...
Journal Article
Mandatory and affordable health insurance: commentary
Journal Article
Biotech bonanza: prospects for Texas