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We develop and estimate a full information maximum likelihood ordered categorical response model with endogenous switching. Simulation exercises show that estimated parameters are unbias and consistent. And application to Internet access indicates that there are selection and moral hazard
Persistent link: https://www.econbiz.de/10013056012
This paper uses count and binary data models with an endogenous dummy variable, and propensity score matching to evaluate the effect of the subsidized health care program in Medellin (Colombia). The subsidized program, which primarily covers poor people, is found to have neither a significant...
Persistent link: https://www.econbiz.de/10013056804