Households' precautionary behaviors - The effects of the introduction of National Health Insurance in Taiwan

Review of Economics of the Household

Volumn 4, Issue 4, 2006, Pages 395-421

  Chou, Shin Yi ^a   Liu, Jin Tan ^b   Hammitt, James K ^c  

^a LEHIGH UNIVERSITY   (United States)

^b NATIONAL TAIWAN UNIVERSITY   (Taiwan)

^c HARVARD CENTER FOR RISK ANALYSIS   (United States)

Author keywords

Insurance; Laborforce participation; Precautionary savings

Indexed keywords

EID: 33750975393     PISSN: 15695239     EISSN: 15737152     Source Type: Journal    
DOI: 10.1007/s11150-006-0014-3     Document Type: Article

References (37)

1. Angrist, J. D., & Krueger, A. B. (2001). Instrumental variables and the search for identification: From supply and demand to natural experiments. Journal of Economic Perspective, 15, 69-87.
2. Bound, J., Jaeger, D. A., & Baker, R. M. (1995). Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variable is weak. Journal of the American Statistical Association, 90, 443-450.
3. Buchmueller, T. C., & Valletta, R. G. (1999). The effect of health insurance on married female labor supply. Journal of Human Resources, 34, 42-70.
4. Card, D. (1999). The casual effect of education on earnings. In O. Ashenfelter & D. Card (Eds.), Handbook of labor economics. North Holland.
5. Carroll, C. D., & Samwick, A. A. (1998). How important is precautionary saving? Review of Economics and Statistics, 80, 410-419.
6. Cheng, S.-H., & Chiang, T.-L. (1997). The effect of universal health insurance on health care utilization in Taiwan: Results from a natural experiment. Journal of American Medical Association, 278, 89-93.
7. Chiang, T.-L. (1997). Taiwan's 1995 health care reform. Health Policy, 39, 225-239.
8. Chou, Y.-J., & Staiger, D. (2001). Health insurance and female labor supply in Taiwan. Journal of Health Economics, 20, 187-211.
9. Chou, S.-Y., Liu, J.-T., & Hammitt, J. K. (2003). National health insurance and precautionary saving: Evidence from Taiwan. Journal of Public Economics, 87, 1873-1894.
10. Cullen, J. B., & Gruber, J. (2000). Does unemployment insurance crowd out spousal labor supply? Journal of Labor Economics, 18, 546-572.
11. Cutler, D., & Gruber, J. (1996). Does public insurance crowd out private insurance?. Quarterly Journal of Economics, 111, 391-430.
12. Deaton, A. S., & Paxson, C. H. (1994a). Intertemporal choice and inequality. Journal of Political Economy, 102, 437-467.
13. Deaton, A. S., & Paxson, C. H. (1994b). Saving, growth and aging in Taiwan. In D. A. Wise (Ed.), Studies in the economics of aging. Chicago and London: University of Chicago Press.
14. Dynan, K. E. (1993). How prudent are consumers? Journal of Political Economy, 101, 1104-1113.
15. Engen, E. M., & Gruber, J. (2001). Unemployment insurance and precautionary saving. Journal of Monetary Economics, 47, 545-579.
16. Gertler, P., & Gruber, J. (2001). Insuring consumption against illness. American Economic Review, 92, 51-70.
17. Gertler, P., Sturm, R., & Davidson, B. (1994). Information and the demand for supplemental medicare insurance. NBER Working Paper #4700.
18. Gollier, C., & Pratt, J. (1964). Risk Vulnerability and the tempering effect of background risk. Econometrica, 64, 1109-1123.
19. Gruber, J. (1997). The consumption smoothing benefits of unemployment insurance. American Economic Review, 87, 192-205.
20. Gruber, J. (2000). Disability insurance benefits and labor supply. Journal of Political Economy, 108, 1162-1183.
21. Gruber, J., & Madrian, B. C. (2002). Health insurance, labor supply and job mobility. NBER working paper #8817.
22. Gruber, J., & Yelowitz, A. (1999). Public health insurance and private savings. Journal of Political Economy, 107, 1249-1274.
23. Guiso, L., Jappelli, T., & Terlizzese, D. (1992). Earnings uncertainty and precautionary saving. Journal of Monetary Economics, 30, 307-337.
24. Hubbard, R. G., Skinner, J., & Zeldes, S. P. (1995). Precautionary saving and social insurance. Journal of Political Economy, 103, 360-399.
25. Imbens, G., & Angrist, J. D. (1994). Identification and estimation of local average treatment effects. Econometrica, 62, 467-475.
26. Kantor, S. E., & Fishback, P. V. (1996). Precautionary saving, insurance, and the origins of workers' compensation. Journal of Political Economy, 104, 419-442.
27. Kazarosian, M. (1997). Precautionary savings - a panel study. Review of Economics and Statistics, 79, 241-247.
28. Kimball, M. S. (1993). Standard risk aversion. Econometrica, 61, 589-611.
29. Kotlikoff, L. J. (1989). Health expenditures and precautionary savings. In J. K. Laurence (Ed.), What determines savings. Cambridge, Massachusetts: MIT Press.
30. Liu, T.-C., & Chen, C.-S. 2002. An Analysis of private health insurance purchasing decisions with national health insurance in Taiwan. Social Science & Medicine, 55, 755-774.
31. Meyer, B. D. (1995). Natural and quasi-experiments in economics. Journal of Business and Economic Statistics, 13, 151-161.
32. Olson, C. A. (1998). A comparison of parametric and semiparametric estimates of the effect of spousal health insurance coverage on weekly hours worked by wives. Journal of Applied Econometrics, 13, 543-565.
33. Peabody, J. W., Yu, J. C.-I., Wang, Y.-R., & Bickel, S. R. (1995). Health system reform in the Republic of China. Journal of American Medical Association, 273, 777-781.
34. Pratt, J. W., & Zeckhauser, R. J. (1987). Proper risk aversion. Econometrica, 55, 143-154.
35. Skinner, J. (1988). Risky income, life cycle consumption, and precautionary savings. Journal of Monetary Economics, 22, 237-255.
36. Staiger, D. & Stock, J. (1997). Instrumental variables regression with weak instruments. Econometrica, 65, 557-586.
37. Starr-McCluer, M. (1996). Health insurance and precautionary saving. American Economic Review, 86, 285-295.