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Using a rich sample of admission records from New Orleans Touro Infirmary, we examine the in-hospital mortality risk of … likely to die in the hospital than the whites. We analyze the determinants of in-hospital mortality at Touro using Oaxaca … based on the selective hospital admission of slaves. -- Slavery ; hospital ; Oaxaca-type decomposition ; New Orleans ; Touro …
Persistent link: https://www.econbiz.de/10003752843
A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived … paper is the first to use a DCE to test the loss aversion theory. A DCE appears to be a highly suitable tool for this … with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested …
Persistent link: https://www.econbiz.de/10003652664
The paper proposes and applies statistical tests for poverty dominance that check for whether poverty comparisons can be made robustly over ranges of poverty lines and classes of poverty indices. This helps provide both normative and statistical confidence in establishing poverty rankings across...
Persistent link: https://www.econbiz.de/10003777918
The quality of public management is a recurrent concern in many countries. Calls to attract the economy’s best and brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and private sector, using a model of a perfectly...
Persistent link: https://www.econbiz.de/10003940496
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10003940503
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...
Persistent link: https://www.econbiz.de/10003557347
We investigate if, and under which conditions, the distinction between dictatorial and incentive-based policy interventions affects the capacity of Instrument Variable (IV) methods to estimate the relevant treatment effect parameter of an outcome equation. The analysis is set in a non-trivial...
Persistent link: https://www.econbiz.de/10003944633
This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao, Pesaran, and Tahmiscioglu (2002) to the case where the errors are crosssectionally heteroskedastic. This extension is not trivial due to the incidental parameters problem that...
Persistent link: https://www.econbiz.de/10009545313
optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find …
Persistent link: https://www.econbiz.de/10011401108
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10011325670