Arbeitspapier
Health Responses to a Wealth Shock: Evidence from a Swedish Tax Reform
This essay contributes in two ways to the literature on the effects of economic circumstances on health. First, it deals with reverse causality and omitted variable bias by exploiting exogenous variation in inherited wealth generated by the unexpected repeal of the Swedish inheritance tax. Second, it analyzes responses in health outcomes from administrative registers. The results show that increased wealth has limited impacts on objective adult health over a period of six years. This is in line with what has been documented previously regarding subjective health outcomes. If anything, it appears as if the wealth shock resulting from the tax reform leads people to seek care for symptoms of disease, which result in that cancer is detected and possibly treated earlier. One possible explanation for this preventive response is that good health is needed for enjoying the improved consumption prospects generated by the wealth shock.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1011
- Klassifikation
-
Wirtschaft
Household Behavior: General
Fiscal Policies and Behavior of Economic Agents: General
Health: General
Health Behavior
Health and Inequality
- Thema
-
Inheritances
Tax reform
Wealth shock
Objective health
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Erixson, Oscar
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Erixson, Oscar
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2014
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