The Value of Life and the Rise in Health Spending

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U.S. Tax Policy and Health Insurance Demand: Can a Regressive Policy Improve Welfare? (2009, positive): “See for example Bajari, Hong, and Khwaja (2006) and Hall and Jones (2007). experiment, adding endogenous health expenditures would have two major effects.”
Capital Deepening and Nonbalanced Economic Growth (2008, neutral): “Finally, Hall and Jones (2007) point out that there are natural reasons for health care to be a superior good (because life expectancy multiplies utility) and show how this can account for the increase in health care spending.”
Disappointing poverty trends: is the social investment state to blame? (2011, positive): “Given the importance individuals attach to healthy life years, increased healthcare spending may well be the most important source of budgetary pressure facing welfare states in the future (Hall and Jones, 2007; Murphy and Topel, 2006).”
Determinants of U.S. health expenditure: Evidence from autoregressive distributed lag (ARDL) approach to cointegration (2016, neutral): “Moreover, Hall and Jones (2007) also stress the role of rising income in a household or the economy leading to higher levels of the demand for health care due to the increasingmarginal utility fromhealth care rather than fromother goods and services.”