Household search and health insurance coverage
Abstract
Health insurance in the United States is typically acquired through an employer-sponsored program. Often an employee offerred employer-provided health insurance has the option to extend coverage to their spouse and dependents. We investigate the implications of the âpublicnessâ of health insurance coverage for the labor market careers of spouses. The theoretical innovations in the paper are to extend the standard partial-partial equilibrium labor market search model to a multiple searcher setting with the inclusion of multi-attribute job offers, with some of the attributes treated as public goods within the household. The model is estimated using data from the Survey of Income and Program Participation (SIPP) using a Method of Simulated Moments (MSM) estimator. We demonstrate how previous estimates of the marginal willingness to pay (MWP) for health insurance based on cross-sectional linear regression estimators may be seriously biased due to the presence of dynamic selection effects and misspecification of the decision-making unit.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Journal of Econometrics.
Volume (Year): 145 (2008)
Issue (Month): 1-2 (July)
Pages: 43-63
Contact details of provider:
Web page: http://www.elsevier.com/locate/jeconom
Related research
Keywords:Other versions of this item:
- Matthew Dey & Christopher Flinn, 2007. "Household Search and Health Insurance Coverage," Carlo Alberto Notebooks 56, Collegio Carlo Alberto.
- D1 - Microeconomics - - Household Behavior
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Luca Flabbi and James Mabli, 2012.
"Household Search or Individual Search: Does It Matter? Evidence from Lifetime Inequality Estimates,"
Working Papers
gueconwpa~12-12-03, Georgetown University, Department of Economics.
- Flabbi, Luca & Mabli, James, 2012. "Household Search or Individual Search: Does It Matter? Evidence from Lifetime Inequality Estimates," IZA Discussion Papers 6908, Institute for the Study of Labor (IZA).
- Guler, Bulent & Guvenen, Fatih & Violante, Giovanni L., 2012.
"Joint-search theory: New opportunities and new frictions,"
Journal of Monetary Economics,
Elsevier, vol. 59(4), pages 352-369.
- Giovanni L. Violante & Fatih Guvenen & Bulent Guler, 2008. "Joint-Search Theory: New Opportunities and New Frictions," 2008 Meeting Papers 856, Society for Economic Dynamics.
- Bulent Guler & Fatih Guvenen & Giovanni L. Violante, 2009. "Joint-Search Theory: New Opportunities and New Frictions," NBER Working Papers 15011, National Bureau of Economic Research, Inc.
- Bulent Guler & Fatih Guvenen & Giovanni L. Violante, 2009. "Joint-search theory: new opportunities and new frictions," Staff Report 426, Federal Reserve Bank of Minneapolis.
- Stéphane Bonhomme & Grégory Jolivet, 2005.
"The Pervasive Absence of Compensating Differentials,"
Working Papers
2005-28, Centre de Recherche en Economie et Statistique.
- StÈphane Bonhomme & GrÈgory Jolivet, 2009. "The pervasive absence of compensating differentials," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(5), pages 763-795.
- Daniela Del Boca & Christopher J. Flinn, 2005.
"Household Time Allocation and Models of Behavior: A Theory of Sorts,"
Carlo Alberto Notebooks
8, Collegio Carlo Alberto, revised 2006.
- Daniela Del Boca & Christopher J. Flinn, 2005. "Household Time Allocation and Modes of Behavior: A Theory of Sorts," CHILD Working Papers wp15_05, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
- Del Boca, Daniela & Flinn, Christopher, 2005. "Household Time Allocation and Modes of Behavior: A Theory of Sorts," IZA Discussion Papers 1821, Institute for the Study of Labor (IZA).
- Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2011.
"Frictional Wage Dispersion in Search Models: A Quantitative Assessment,"
American Economic Review,
American Economic Association, vol. 101(7), pages 2873-98, December.
- Giovanni L. Violante & Per Krusell & Andreas Hornstein, 2006. "Frictional wage dispersion in search models: a quantitative assessment," Working Paper 06-07, Federal Reserve Bank of Richmond.
- Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2007. "Frictional Wage Dispersion in Search Models: A Quantitative Assessment," NBER Working Papers 13674, National Bureau of Economic Research, Inc.
- Stefania Marcassa, 2012.
"Unemployment Duration of Spouses: Evidence From France,"
THEMA Working Papers
2012-31, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Marcassa, Stefania, 2012. "Unemployment Duration of Spouses: Evidence From France," CEPREMAP Working Papers (Docweb) 1204, CEPREMAP.
- Paul Sullivan & Ted To, 2011. "Search and Non-Wage Job Characteristics," Working Papers 449, U.S. Bureau of Labor Statistics.
- Hornstein, Andreas & Krusell, Per & Violante, Giovanni L, 2006. "Frictional Wage Dispersion in Search Models: A Quantitative Approach," CEPR Discussion Papers 5935, C.E.P.R. Discussion Papers.
- Brown, Sarah & Taylor, Karl, 2011. "Reservation wages, market wages and unemployment: Analysis of individual level panel data," Economic Modelling, Elsevier, vol. 28(3), pages 1317-1327, May.
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