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proposed by Papke and Wooldridge, 1996, 2008, in univariate cross-sectional and panel contexts. The paper discusses the … econometric strategies for share model estimation. The paper then goes on to discuss the univariate fractional regression … estimation strategies proposed by Papke and Wooldridge and to extend the fractional regression approach to estimation of and …
Persistent link: https://www.econbiz.de/10012462302
This paper assesses whether insurers' state taxes reduce purchases of property-casualty coverage. Tests are conducted using state aggregates of insurer-level data from publicly-available, annual accounting reports for 1993, 1994, and 1995. A positive relation between self-insurance and state...
Persistent link: https://www.econbiz.de/10012471330
Expenditure Panel Survey, we estimate that, in a health plan with a coinsurance rate of 17.5%, the obesity externality imposes a …
Persistent link: https://www.econbiz.de/10012467150
This paper examines how compensation packages change when health insurance premiums rise. We use data on employee choices within a single large firm with a flexible benefits plan; an increasingly common arrangement among medium and large firms. In these companies, employees explicitly choose how...
Persistent link: https://www.econbiz.de/10012469160
Home equity insurance policies, policies insuring homeowners against declines in the price of their homes, would bear some resemblance both to ordinary insurance and to financial hedging vehicles. A menu of choices for the design of such policies is presented here, and conceptual issues are...
Persistent link: https://www.econbiz.de/10012474085
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident--but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
Persistent link: https://www.econbiz.de/10012453920
Under the Affordable Care Act, individual states have discretion in how they define coverage regions, within which insurers must charge the same premium to buyers of the same age, family structure, and smoking status. We exploit variation in these definitions to investigate whether the size of...
Persistent link: https://www.econbiz.de/10012457759
Consider a bipartite network where <i>N</i> consumers choose to buy or not to buy <i>M</i> different products. This paper considers the properties of the logistic regression of the <i>N</i> × <i>M</i> array of "i-buys-j" purchase decisions, <i>[Y<sub>ij</sub>]<sub>1≤i≤N,≤j≤M</sub></i>, onto known functions of consumer and product attributes...
Persistent link: https://www.econbiz.de/10012482182
Portfolio performance measures using holdings data are panel regressions. The returns of a fund's stocks are regressed …
Persistent link: https://www.econbiz.de/10012482457
. Our analysis quantifies the impact of these various economic policies on COVID-19 infection and death rates using panel …
Persistent link: https://www.econbiz.de/10012482612