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How much have government programs improved elderly well-being? I examine the impact of OAA on mortality between 1930 …-1955. I construct two new data sets: a database on OAA, and a database on elderly mortality. To control for the joint … determination of income and mortality, I use a simulated IV approach that relies on exogenous changes in OAA legislation. I find …
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focus on income risk, health expenditure risk, long-term care expenditure risk, and mortality risk. We also discuss the …
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-term care (LTC) insurance in Germany in 1995 to examine whether health insurance expansions can stimulate local economies. We …
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