Cawley, John; Meyerhoefer, Chad - In: Journal of Health Economics 31 (2012) 1, pp. 219-230
This paper is the first to use the method of instrumental variables (IV) to estimate the impact of obesity on medical … genetic variation in weight as a natural experiment, yields estimates of the impact of obesity on medical costs that are … considerably higher than the estimates reported in the previous literature. For example, obesity is associated with $656 higher …