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971期 12月27日 :Too Busy to be Cured?(黄炜, 助理教授,新加坡国立大学)

【主讲】黄炜 (助理教授,新加坡国立大学)

【主题】Too Busy to be Cured?

【时间】2018年12月27日 (周四) 15:30-17:00

【地点】上海财经大学经济学院楼701室

【语言】英文

【摘要】Monetary cost is emphasized in health economics literature but time cost is largely ignored. This paper investigates how time cost affects the healthcare usage in both China and the US. Using the retirement age policy in both countries, I employ a Regression Discontinuity Design (RDD) and find that the level of hospitalization persistently increases after retirement age. Specifically, a 10 percentage points lower in employment is significantly associated with 1.6-3.8 percentage points higher in hospitalization. In addition, the effects are significant among peoplewith high education but not in groups with low education.Finally, eligible people do more physical exercise and have higher healthcare expenditure after retirement age. These results provide a more comprehensive picture of moral hazard and adds up to the growing literature about retirement and time use in economics.

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