Working Paper: CEPR ID: DP16530
Authors: Hanming Fang; Dirk Krueger
Abstract: The Affordable Care Act (ACA) is one of the most important reforms of the US health insurance system since the introduction of Medicare. Since employment is a main source of health insurance for the working age population in the United States, this sweeping health insurance reform also has important implications for the labor market and the macro economy. In this paper, we survey the prototype models that are used in the macro and labor literature, extended to integrate health and health insurance, to study the short- and long-run consequences of the ACA. We also suggest open areas for future research.
Keywords: Affordable Care Act; Health Insurance; Labor Market; Macro Economy
JEL Codes: E62; H24; H51; I1; I13; I18
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| ACA (G52) | health insurance coverage (I13) |
| Medicaid expansion (I18) | health insurance coverage (I13) |
| ACA (G52) | labor supply among low-income households (J22) |
| premium subsidies (G52) | labor supply (J20) |
| individual mandate (G52) | labor supply (J20) |
| ACA provisions (G52) | labor supply decisions (J22) |