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The effects of housing wealth on healthcare utilisation in Australia

Author

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  • Woodbridge, Joshua

Abstract

Using data from the Household, Income and Labour Dynamics (HILDA) survey, I explore the effects of housing wealth on healthcare utilisation in Australia. I use exogenous variations in house prices to estimate the potential direct and indirect effects of housing wealth on homeowners’ healthcare utilisation. I find no evidence of a direct wealth effect on healthcare utilisation, nor do I find evidence of an indirect healthcare insurance effect. However, my findings indicate an indirect health investment effect. Increases in housing wealth cause improvements in homeowners’ health which in turn reduces their use of GP services

Suggested Citation

  • Woodbridge, Joshua, 2024. "The effects of housing wealth on healthcare utilisation in Australia," Warwick-Monash Economics Student Papers 69, Warwick Monash Economics Student Papers.
    • Handle: RePEc:wrk:wrkesp:69
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/wmesp/manage/69_-_josh_woodbridge.pdf
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    More about this item

    Keywords

    Housing wealth ; healthcare utilisation ; house prices ; health wellbeing ; Australia ; HILDA JEL classifications: I12; D14; C26;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation

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