The effects of housing wealth on healthcare utilisation in Australia

Joshua Woodbridge
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Joshua Woodbridge: Monash University

Warwick-Monash Economics Student Papers from Warwick Monash Economics Student Papers

Abstract: Using data from the Household, Income and Labour Dynamics (HILDA) survey, I explore the effects of housing wealth on healthcare utilisation in Australia. I use exogenous variations in house prices to estimate the potential direct and indirect effects of housing wealth on homeowners’ healthcare utilisation. I find no evidence of a direct wealth effect on healthcare utilisation, nor do I find evidence of an indirect healthcare insurance effect. However, my findings indicate an indirect health investment effect. Increases in housing wealth cause improvements in homeowners’ health which in turn reduces their use of GP services

Keywords: Housing wealth; healthcare utilisation; house prices; health wellbeing; Australia; HILDA JEL classifications: I12; D14; C26 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-ure
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