Footnote:
In: Contemporary Economic Policy, Forthcoming https://doi.org/10.1111/coep.12483
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 11, 2020 erstellt
Description:
This paper updates the mortality cost of expenditures. Because changes in income lead to changes in mortality risk, regulatory expenditures costing more per life saved than a threshold cost-per-life saved cutoff level are expected to increase mortality risk. This article discusses the mechanisms driving this relationship and provides support from recent empirical studies. The 2015 cost-per-life-saved cutoff level at which expenditures increase mortality risk is estimated to have a lower bound value of $77.0 million and an upper bound value of $125.8 million, with a midpoint value of $101.4 million