Income and the use of prescription drugs by the elderly: evidence from the notch cohorts
"We use exogenous variation in Social Security payments created by the Social Security benefits notch to estimate how retirees' use of prescription medications responds to changes in their incomes. In contrast to estimates obtained using ordinary least squares, instrumental variables estim...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11068 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "We use exogenous variation in Social Security payments created by the Social Security benefits notch to estimate how retirees' use of prescription medications responds to changes in their incomes. In contrast to estimates obtained using ordinary least squares, instrumental variables estimates based on the notch suggest that lower-income retirees exhibit considerable income sensitivity in their use of prescription drugs. Our estimates are potentially useful for thinking about the health care usage implications of any changes in transfer payments to the elderly that may occur in the future, and for evaluating the benefits of the recently enacted Medicare prescription drug benefit"--National Bureau of Economic Research web site. |
| Physical Description: | 40 S. graph. Darst. |
Staff View
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| genre | Statistics |
| genre_facet | Statistics |
| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV023591250 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:10Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016906580 |
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| physical | 40 S. graph. Darst. |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Moran, John R. Verfasser (DE-588)12979726X aut Income and the use of prescription drugs by the elderly evidence from the notch cohorts John R. Moran ; Kosali Ilayperuma Simon Cambridge, Mass. National Bureau of Economic Research 2005 40 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11068 "We use exogenous variation in Social Security payments created by the Social Security benefits notch to estimate how retirees' use of prescription medications responds to changes in their incomes. In contrast to estimates obtained using ordinary least squares, instrumental variables estimates based on the notch suggest that lower-income retirees exhibit considerable income sensitivity in their use of prescription drugs. Our estimates are potentially useful for thinking about the health care usage implications of any changes in transfer payments to the elderly that may occur in the future, and for evaluating the benefits of the recently enacted Medicare prescription drug benefit"--National Bureau of Economic Research web site. Statistik Ökonometrisches Modell Aged United States Drug Therapy economics United States Statistics Drug Therapy utilization United States Models, Econometric United States Statistics Older people Drug use United States Econometric models USA Statistics Simon, Kosali Ilayperuma Verfasser (DE-588)124773826 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11068 (DE-604)BV002801238 11068 http://papers.nber.org/papers/w11068.pdf kostenfrei Volltext |
| spellingShingle | Moran, John R. Simon, Kosali Ilayperuma Income and the use of prescription drugs by the elderly evidence from the notch cohorts National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Statistik Ökonometrisches Modell Aged United States Drug Therapy economics United States Statistics Drug Therapy utilization United States Models, Econometric United States Statistics Older people Drug use United States Econometric models |
| title | Income and the use of prescription drugs by the elderly evidence from the notch cohorts |
| title_auth | Income and the use of prescription drugs by the elderly evidence from the notch cohorts |
| title_exact_search | Income and the use of prescription drugs by the elderly evidence from the notch cohorts |
| title_exact_search_txtP | Income and the use of prescription drugs by the elderly evidence from the notch cohorts |
| title_full | Income and the use of prescription drugs by the elderly evidence from the notch cohorts John R. Moran ; Kosali Ilayperuma Simon |
| title_fullStr | Income and the use of prescription drugs by the elderly evidence from the notch cohorts John R. Moran ; Kosali Ilayperuma Simon |
| title_full_unstemmed | Income and the use of prescription drugs by the elderly evidence from the notch cohorts John R. Moran ; Kosali Ilayperuma Simon |
| title_short | Income and the use of prescription drugs by the elderly |
| title_sort | income and the use of prescription drugs by the elderly evidence from the notch cohorts |
| title_sub | evidence from the notch cohorts |
| topic | Statistik Ökonometrisches Modell Aged United States Drug Therapy economics United States Statistics Drug Therapy utilization United States Models, Econometric United States Statistics Older people Drug use United States Econometric models |
| topic_facet | Statistik Ökonometrisches Modell Aged United States Drug Therapy economics United States Statistics Drug Therapy utilization United States Models, Econometric United States Statistics Older people Drug use United States Econometric models USA Statistics |
| url | http://papers.nber.org/papers/w11068.pdf |
| volume_link | (DE-604)BV002801238 |
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