ShanghaiTech SEM Working Paper No. 2018-010
Naoki Aizawa
University of Wisconsin-Madison - Department of Economics
Hanming Fang
ShanghaiTech University - School of Entrepreneurship and Management
Abstract
We present and empirically implement an equilibrium labor market search model where risk averse workers facing medical expenditure shocks are matched with firms making health insurance coverage decisions. Our model delivers a rich set of predictions that can account for a wide variety of phenomenon observed in the data including the correlations among firm sizes, wages, employer-sponsored health insurance offering rates, turnover rates and workers' health compositions...
[View Full Text and Download PDF Version]
Keywords: Health, Health Insurance, Health Care Reform, Labor Market Equilibrium
Date Written: June 11th, 2018
Available at SSRN: https://ssrn.com/abstract=3195661
