The Effect of Health Insurance Coverage on Homeownership and Housing Prices: Evidence from the Medicaid Expansion.

Objective: Homeownership as a way of wealth accumulation is important for low‐income people and the U.S. government has implemented policy to encourage homeownership among low‐income people. This article investigates the effects of health insurance coverage among low‐income people on homeownership a...

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Publicado en:Social Science Quarterly (Wiley-Blackwell) Vol. 102; no. 2; pp. 633 - 649
Autores principales: Kuroki, Masanori, Liu, Xiangbo
Formato: Artículo
Publicado: Wiley-Blackwell Mar2021
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: The Effect of Health Insurance Coverage on Homeownership and Housing Prices: Evidence from the Medicaid Expansion.
      aug:
        au:
          Kuroki, Masanori
          Liu, Xiangbo
        affil:
          Arkansas Tech University
          Renmin University of China
      su:
        Health insurance
        Home ownership
        Medicaid
        Young adults
        Home prices
        Health insurance exchanges
      sug:
        subj:
          Health insurance
          Home ownership
          Medicaid
          Young adults
          Direct individual life, health and medical insurance carriers
          Direct group life, health and medical insurance carriers
          Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)
          Home prices
          Health insurance exchanges
      ab: Objective: Homeownership as a way of wealth accumulation is important for low‐income people and the U.S. government has implemented policy to encourage homeownership among low‐income people. This article investigates the effects of health insurance coverage among low‐income people on homeownership and house prices. Methods: To estimate the causal effects of health insurance coverage, we exploit the Medicaid expansion provisions of the Affordable Care Act as a source of exogenous variation in health insurance coverage and use it as an instrumental variable. Results: Using county‐level data from 2010 to 2018, this study finds that an increase in health insurance coverage among low‐income people results in an increase in homeownership rates and housing prices for bottom‐tier houses, and the results are robust. Conclusion: Our study provides new evidence in supporting that higher shares of population with health insurance could increase both homeownership and house prices.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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