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Discussion Paper Details

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Title: The Affordable Care Act After a Decade: Its Impact on the Labor Market and the Macro Economy

Author(s): Hanming Fang and Dirk Krueger

Publication Date: September 2021

Keyword(s): Affordable Care Act, Health Insurance, Labor market and macro economy

Programme Area(s): Labour Economics, Macroeconomics and Growth and Public Economics

Abstract: The Affordable Care Act (ACA) is one of the most important reforms of the US health insurance system since the introduction of Medicare. Since employment is a main source of health insurance for the working age population in the United States, this sweeping health insurance reform also has important implications for the labor market and the macro economy. In this paper, we survey the prototype models that are used in the macro and labor literature, extended to integrate health and health insurance, to study the short- and long-run consequences of the ACA. We also suggest open areas for future research.

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Bibliographic Reference

Fang, H and Krueger, D. 2021. 'The Affordable Care Act After a Decade: Its Impact on the Labor Market and the Macro Economy'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=16530