Showing 1 - 10 of 20
This paper describes and applies econometric strategies for estimating regression models of economic share data outcomes where the shares may take boundary values (zero and one) with nontrivial probability. The main focus of the paper is on the conditional mean structures of such data. The paper...
Persistent link: https://www.econbiz.de/10013138354
Estimation of marginal or partial effects of covariates x on various conditional parameters or functionals is often the main target of applied microeconometric analysis. In the specific context of probit models such estimation is straightforward in univariate models, and Greene, 1996, 1998, has...
Persistent link: https://www.econbiz.de/10013118420
Models having multivariate probit and related structures arise often in applied health economics. When the outcome dimensions of such models are large, however, estimation can be challenging owing to numerical computation constraints and/or speed. This paper suggests the utility of estimating...
Persistent link: https://www.econbiz.de/10013014663
While many results from the treatment-effect and related literatures are familiar and have been applied productively in health economics evaluations, other potentially useful results from those literatures have had little influence on health economics practice. With the intent of demonstrating...
Persistent link: https://www.econbiz.de/10012951353
This paper proposes strategies for defining, identifying, and estimating features of treatment-effect distributions in contexts where multiple outcomes are of interest. After describing existing empirical approaches used in such settings, the paper develops a notion of treatment preference that...
Persistent link: https://www.econbiz.de/10012907140
Although individuals are all endowed with the same time budgets, time use patterns differ owing to heterogeneity in preferences and constraints. In today's health policy arena there is considerable discussion about how to improve health outcomes by increasing levels of physical activity. In this...
Persistent link: https://www.econbiz.de/10012758130
The purposes of this paper are to describe some conceptual and empirical foundations of "healthy-time" measures of health outcomes or healthcare quality, and to explore how to expand the empirical opportunities for measuring such outcomes using U.S. national survey data. To these ends, the paper...
Persistent link: https://www.econbiz.de/10012984120
In recent years, considerable attention has been devoted to the development of statistical methods for the analysis of uncertainty in cost-effectiveness analysis, with a focus on situations in which the analyst has patient-level data on the costs and health effects of alternative interventions....
Persistent link: https://www.econbiz.de/10013216128
Comparing median outcomes to gauge treatment effectiveness is widespread practice in clinical and other investigations. While common, such difference-in-median characterizations of effectiveness are but one way to summarize how outcome distributions compare. This paper explores properties of...
Persistent link: https://www.econbiz.de/10013221966
In econometric risk-adjustment exercises, models estimated with one or more included endogenous explanatory variables ("risk adjusters") will generally result in biased predictions of outcomes of interest, e.g. unconditional mean healthcare expenditures. This paper shows that a first-order...
Persistent link: https://www.econbiz.de/10013224377