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Author: Terence C. Cheng
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We exploit lottery wins to investigate the effects of exogenous changes to individuals' income on the utilization of health-care services, and the choice between private and public health care in the United Kingdom. Our ...Read more...
Terence C. Cheng, Joan Costa-Font and Nattavudh Powdthavee
23 January 2018
There is a large amount of cross-sectional evidence for a midlife low in the life cycle of human happiness and well-being (a ‘U shape’). Yet no genuinely longitudinal inquiry has uncovered evidence for a U-shaped pattern...Read more...
Terence C. Cheng, Andrew J. Oswald and Nattavudh Powdthavee
1 February 2017
We exploit lottery wins to investigate the effects of exogenous changes to individuals' income on health care demand in the United Kingdom. This strategy allows us to estimate lottery income elasticities for a range of h...Read more...
Revised December 2015