Eldridge, Damien; Koç, Cagatay; Onur, Ilke; Velamuri, … - School of Economics and Finance, Victoria Business School - 2011
We estimate the impact of private hospital insurance on utilization of hospital care services in Australia. We employ the two-stage residual inclusion approach to address the endogeneity of private insurance. We calculate moral hazard based on a difference-of-means estimator. Our three-stage...