Srivastava NTripe DYuen MK2023-10-032023-10-122023-10-012023-10-032023-10-122023-10-01Yuen MK, Tripe D, Srivastava N. (2023). Healthcare expenditure and bank deposits. Finance Research Letters.1544-6123http://hdl.handle.net/10179/20214This paper investigates the effects of healthcare expenditure on bank deposits in a cross- country analysis. We use government healthcare expenditure, and government and compulsory contributions to the healthcare system as a proxy for healthcare development. The results show a positive relationship between healthcare expenditure and bank deposits. This result is stronger in high income countries and those with a high level of healthcare infrastructure. The results are robust with various specifications tests, including in the COVID-19 pandemic period.CC BY 4.0https://creativecommons.org/licenses/by/4.0/bank depositshealth expenditureprecautionary savingsJournal article10.1016/j.frl.2023.1045482023-10-03Massey_Darkjournal-article