The Economic Crisis and Medical Care Usage

24 Pages Posted: 24 Mar 2010

See all articles by Annamaria Lusardi

Annamaria Lusardi

George Washington University - Department of Accountancy; National Bureau of Economic Research (NBER)

Daniel Schneider

Princeton University

Peter Tufano

University of Oxford - Said Business School; National Bureau of Economic Research (NBER); University of Oxford - Said Business School

Multiple version iconThere are 3 versions of this paper

Date Written: January 24, 2010

Abstract

We use a unique, nationally representative cross-national dataset to document the reduction in individuals’ usage of routine non-emergency medical care in the midst of the economic crisis. A substantially larger fraction of Americans have reduced medical care than have individuals in Great Britain, Canada, France, and Germany, all countries with universal health care systems. At the national level, reductions in medical care are related to the degree to which individuals must pay for it, and within countries are strongly associated with exogenous shocks to wealth and employment.

Suggested Citation

Lusardi, Annamaria and Schneider, Daniel and Tufano, Peter, The Economic Crisis and Medical Care Usage (January 24, 2010). Harvard Business School Finance Working Paper No. 10-079. Available at SSRN: https://ssrn.com/abstract=1574271 or http://dx.doi.org/10.2139/ssrn.1574271

Annamaria Lusardi

George Washington University - Department of Accountancy ( email )

George Washington University School of Business
Washington, DC 20052
United States

HOME PAGE: http://business.gwu.edu/profiles/annamaria-lusardi/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Daniel Schneider

Princeton University ( email )

22 Chambers Street
Princeton, NJ 08544-0708
United States

Peter Tufano (Contact Author)

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain
+44 (0) 1865 288551 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain
+44 (0) 1865 288551 (Phone)

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