TY  - RPRT
        AU  - Kim, Seonghoon
AU  - Koh, Kanghyock
        TI  - The Effects of the Affordable Care Act Medicaid Expansion on Subjective Well-being
        PY  - 2019/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12636
        UR  - https://www.iza.org/publications/dp12636
        AB  - 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.
        KW  - subjective well-being
KW  - health insurance
KW  - Affordable Care Act Medicaid Expansion
KW  - life satisfaction
KW  - happiness
        ER  -