Income and Health Spending: Evidence from Oil Price Shocks
Health expenditures as a share of GDP in the United States have more than tripled over the past half-century. A common conjecture is that this is a consequence of rising income. We investigate this hypothesis by instrumenting for local area income with time series variation in oil prices interacted...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
MIT Press
2014
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| Online Access: | http://hdl.handle.net/1721.1/83903 https://orcid.org/0000-0002-9941-6684 https://orcid.org/0000-0003-0908-7491 |