Home | Events Archive | The Effect of the Affordable Care Act on Labor Supply, Savings, and Social Security of Old Americans
Seminar

The Effect of the Affordable Care Act on Labor Supply, Savings, and Social Security of Old Americans

  • Series
    Health Economics Seminars
  • Speaker(s)
    Eric French (University College London, United Kingdom)
  • Field
    Empirical Microeconomics
  • Location
    Erasmus University, Bayle Building, Room J7-55
    Rotterdam
  • Date and time

    June 27, 2019
    12:00 - 13:00

Abstract:

This paper assesses the effect of the Affordable Care Act (ACA) on the labor supply of Americans ages 51 and older. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming model of retirement that accounts for both saving and uncertain medical expenses. Importantly, we model the two key channels by which health insurance rates are predicted to change: the Medicaid expansion and the subsidized private exchanges.

By Eric French (UCL), Hans-Martin von Gaudecker (Bonn University) and John Bailey Jones (Federal Reserve Bank of Richmond)