Showing 1 - 10 of 21
Factor rotation is widely used to interpret the estimated factor loadings from latent variable models. Rotation methods embody a priori concepts of `complexity' of factor structures, which they seek to minimise. Surprisingly, it is rare for researchers to exploit one of the most common and...
Persistent link: https://www.econbiz.de/10008908336
Implementation of broad approaches to welfare analysis usually entails the use of 'subjective' welfare indicators. We analyse BHPS data on financial wellbeing to determine whether reported current and retrospective perceptions are consistent with each other and with the existence of a common...
Persistent link: https://www.econbiz.de/10003990734
EQ-5D is used in cost-e ectiveness studies underlying many important health policy decisions. It comprises a survey instrument generating a description of health states across ve domains, and a system of utility values for each state. The original 3-level version of EQ-5D is being replaced with...
Persistent link: https://www.econbiz.de/10011434179
We investigate the utilisation of primary and secondary public healthcare services and the consequent public costs, using data from the British Understanding Society household panel. We use a sample of 2,314 adults who, at baseline in 2010/11, reported no history of diagnosed long-lasting health...
Persistent link: https://www.econbiz.de/10011975449
We investigate the impact of exogenous local conditions which favour high market concentration on supply, price and quality in local markets for care homes for older people in England. We extend the existing literature in: (i) considering supply capacity as a market outcome alongside price and...
Persistent link: https://www.econbiz.de/10012119023
Using longitudinal data from a representative UK panel, we focus on a group of apparently healthy individuals with no history of disability or major chronic health condition at baseline. A latent variable structural equation model is used to analyse the predictive role of latent baseline...
Persistent link: https://www.econbiz.de/10012198541
Some social surveys now collect physical measurements and markers derived from biological samples, in addition to self-reported health assessments. This information is expensive to collect; its value in medical epidemiology has been clearly established, but its potential contribution to social...
Persistent link: https://www.econbiz.de/10011880344
We estimate the implicit disability costs faced by older people, using data on over 8,000 individuals from the UK Family Resources Survey. We extend previous research by using a more flexible statistical modelling approach and by allowing for measurement error in observed disability and standard...
Persistent link: https://www.econbiz.de/10009528830
To measure poverty, incomes must be equivalized across households with different structures. In this paper, we use a very flexible ordered response model to analyze the relationship be- tween income, demographic structure and subjective assessments of financial wellbeing drawn from the 1991-2008...
Persistent link: https://www.econbiz.de/10009547288
We investigate the consequences of using time-invariant individual effects in panel data models when the unobservables are in fact time-varying. Using data from the British Offending Crime and Justice panel, we estimate a dynamic factor model of the occurrence of a range of illicit activities as...
Persistent link: https://www.econbiz.de/10009011781