The DOI matches its Crossref record; 45 of the 45 references it cites were found in a registry or an index.
The Economic Consequences of Hospital Admissions
Open accessAbstract
We use an event study approach to examine the economic consequences of hospital admissions for adults in two datasets: survey data from the Health and Retirement Study, and hospitalization data linked to credit reports. For non-elderly adults with health insurance, hospital admissions increase out-of-pocket medical spending, unpaid medical bills, and bankruptcy, and reduce earnings, income, access to credit, and consumer borrowing. The earnings decline is substantial compared to the out-of-pocket spending increase, and is minimally insured prior to age-eligibility for Social Security Retirement Income. Relative to the insured non-elderly, the uninsured non-elderly experience much larger increases in unpaid medical bills and bankruptcy rates following a hospital admission. Hospital admissions trigger fewer than 5 percent of all bankruptcies in our sample. (JEL D14, G22, I11, I13)
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“Empirical researchers commonly adjust for the extrapolation of a linear trend from the pre-treatment periods when there are concerns about violations of the parallel trends assumption, which is valid if the difference in trends is exactly linear (e.g.Bhuller et al., 2013;Dobkin et al., 2018;Goodman-Bacon, 2018, 2021).”
From A More Credible Approach to Parallel Trends (2023) · cites this paper as Dobkin et al., 2018
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“In such settings, it is common for empirical researchers to control for a linear group-specific time trend.”
From A More Credible Approach to Parallel Trends (2023) · cites this paper as Dobkin et al., 2018
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Cites
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Cited by
Sorted by citations
Estimating dynamic treatment effects in event studies with heterogeneous treatment effects
Sun, L., & Abraham, S. (2021) · Journal of Econometrics · doi:10.1016/j.jeconom.2020.09.006 · Cited by 5,518
A More Credible Approach to Parallel Trends
Rambachan, A., & Roth, J. (2023) · Review of Economic Studies · doi:10.1093/restud/rdad018 · Cited by 1,559
Pretest with Caution: Event-Study Estimates after Testing for Parallel Trends
Roth, J. (2022) · American Economic Review: Insights · doi:10.1257/aeri.20210236 · Cited by 769
Pre-Event Trends in the Panel Event-Study Design
Freyaldenhoven, S., Hansen, C., & Shapiro, J. M. (2019) · American Economic Review · doi:10.1257/aer.20180609 · Cited by 427
An Introductory Guide to Event Study Models
Miller, D. L. (2023) · Journal of Economic Perspectives · doi:10.1257/jep.37.2.203 · Cited by 360
Metadata
- Authors
- Dobkin, C., Finkelstein, A., Kluender, R., & Notowidigdo, M. J.
- Affiliations
- University of California, Santa Cruz (US)
- Northwestern University (US)
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2018-02-01
- Volume
- 108
- Issue
- 2
- Pages
- 308-352
- ISSN
- 0002-8282 (ISSN-L)
- PMC
- PMC5809140
- OpenAlex
- W2412862172
- Cited by
- 555
- References
- 45
- Citations by year
- 2026: 59 · 2025: 101 · 2024: 102 · 2023: 76 · 2022: 73 · 2021: 48 · 2020: 36 · 2019: 37 · 2018: 18
- FWCI
- 52.67
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- American Economic Review (publishedVersion)
- PubMed (publishedVersion)
- Europe PMC (PubMed Central) (acceptedVersion)
- PubMed Central (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- National Science Foundation (1122374)
- National Institute on Aging (R01AG032449, P01AG005842, R37AG032449)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Healthcare Policy and Management
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic and Financial Impacts of Cancer
- Keywords
- hospitalization, unpaid medical bills, bankruptcy, earnings, income, access to credit, consumer borrowing, health insurance, uninsured adults, non-elderly adults
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