000			01627nab a2200265 c 4500
003			ES-MaIEF
005			20190829130556.0
007			ta
008			190829s2019 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
245		0	_aLife - cycle consumption patterns at older ages in the United States and the United Kingdom _b can medical expenditures explain the difference? _c by James Banks, Richard Blundell, Peter Levell and James P. Smith
260			_c2019
500			_aResumen.
504			_aBibliografía.
520			_aThis paper documents significantly steeper declines in nondurable expenditures at older ages in the United Kingdom compared to the United States, in spite of income paths being similar. Several possible causes are explored, including different employment paths, housing ownership and expenses, levels and paths of health status, number of household members, and out-of-pocket medical expenditures. Among all the potential explanations considered, those relating to health care—differences in levels and age paths in medical expenses and medical expenditure risk—can fully account for the steeper declines in nondurable consumption in the United Kingdom compared to the United States.
650		4	_917027 _aANCIANOS
650		4	_940658 _aCONSUMO
650		4	_944933 _aGASTOS SANITARIOS
650		4	_948241 _aREINO UNIDO
650		4	_942888 _aESTADOS UNIDOS
700	1		_93470 _aBanks, James
773	0		_9160976 _oOP 2135/2019/3 _tAmerican Economic Journal. Economic Policy _w(IEF)134825 _x 1945-7731 _g v. 11, n. 3, August 2019, p. 27-54
942			_cART
999			_c141090 _d141090