Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/207461
Authors: 
Kim, Seonghoon
Koh, Kanghyock
Year of Publication: 
2019
Series/Report no.: 
IZA Discussion Papers No. 12636
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This study analyzes the effects of the 2014 Affordable Care Act (ACA) Medicaid expansion on the subjective well-being of individuals in the United States. Using data from the Panel Study of Income Dynamics, we find that the expansion has significantly improved the overall life satisfaction of low-income non-elderly adults. Various sensitivity checks and falsification tests confirm the internal validity. Our findings imply that, without considering psychological benefits, the actual benefits of the ACA Medicaid expansion may be underemphasized.
Subjects: 
Affordable Care Act Medicaid Expansion
health insurance
subjective well-being
life satisfaction
happiness
JEL: 
I13
I18
I31
Document Type: 
Working Paper

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