Arbeitspapier
Catastrophic Medical Expenditure Risk
Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data containing information on the means of financing health payments. We estimate medical expenditure risk in seven Asian countries and find it is highest in Laos and China, and is lowest in Malaysia. Exposure to risk is generally higher for households that have less recourse to self-insurance, lower incomes, wealth and education, and suffer from chronic illness.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4198
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Personal Income, Wealth, and Their Distributions
Information, Knowledge, and Uncertainty: General
Health Insurance, Public and Private
Health and Economic Development
- Thema
-
medical expenditures
catastrophic payments
downside risk
reference-dependent utility
Asia
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Flores, Gabriela
O'Donnell, Owen
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Flores, Gabriela
- O'Donnell, Owen
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
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