Gross, Tal; Notowidigdo, Matthew J. - In: Journal of Public Economics 95 (2011) 7-8, pp. 767-778
Anecdotal evidence and several observational studies suggest that out-of-pocket medical costs are pivotal in a large fraction of consumer bankruptcy decisions. In this paper, we assess the contribution of medical costs to household bankruptcy risk by exploiting plausibly exogenous variation in...