Showing 1 - 10 of 58
Using a rich Italian cross-sectional data set, we estimate the effect of a neighborhood quality index based on pollution, crime, and noise on self-assessed health, presence of chronic conditions and limitations in daily activities. We address the self-selection of the residents in their...
Persistent link: https://www.econbiz.de/10009653021
demonstrates a rank-based dependence measure - the copula - that is invariant to both the scale and any monotonic transformations … of its dimensions. Accordingly, the copula measure of association between health and income is robust under different … cardinal scales for health as well as different income distributions, and can be used for ordering countries. The copula is …
Persistent link: https://www.econbiz.de/10005523904
A copula is best described, as in Joe (1997), as a multivariate distribution function that is used to bind each … marginal distribution function to form the joint. The copula parameterises the dependence between the margins, while the … between the copula methodology and existing alternatives are discussed, and a generalisable, systematic approach to estimation …
Persistent link: https://www.econbiz.de/10005523918
A copula is best described, as in Joe (1997), as a multivariate distribution function that is used to bind each … marginal distribution function to form the joint. The copula parameterises the dependence between the margins, while the … between the copula methodology and existing alternatives are discussed, and a generalisable, systematic approach to estimation …
Persistent link: https://www.econbiz.de/10005328375
Referring to the literature on optimal stopping under sequential sampling developed by Chernoff and collaborators, we solve a dynamic model of the economic evaluation of a new health technology, deriving optimal rules for technology adoption, research abandonment and continuation as functions of...
Persistent link: https://www.econbiz.de/10008751869
Instrumental variables methods (IV) are widely used in the health economics literature to adjust for hidden selection biases in observational studies when estimating treatment effects. Less attention has been paid in the applied literature to the proper use of instrumental variables if treatment...
Persistent link: https://www.econbiz.de/10005523910
Over the last decades the role of social interactions has become increasingly important in the economic discussion and, by now, it is acknowledged that the interaction across agents can produce both positive and negative effects. In this paper we evaluate the role of social interactions in the...
Persistent link: https://www.econbiz.de/10011133572
Deductibles in health insurance generate nonlinear budget sets and dynamic incentives. This paper uses detailed individual claims data from a large Swiss insurance company to estimate the response in health care demand to the discrete price increase that is generated by resetting the deductible...
Persistent link: https://www.econbiz.de/10011086680
We study a simple exogeneity test in count data models with possibly endogenous multinomial treatment. The test is based on Two Stage Residual Inclusion 2SRI). Results from a broad Monte Carlo study provide novel evidence on important features of this approach in nonlinear settings. We find...
Persistent link: https://www.econbiz.de/10011086685
In Germany, employees are generally obliged to participate in the public health insurance system, where coverage is universal, co-payments and deductables are moderate, and premia are based on income. However, they may buy private insurance instead if their income exceeds the compulsory...
Persistent link: https://www.econbiz.de/10004962207