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This paper examines the causal effect of volume on outcome on the example of patients with a hip fracture. We use an instrumental variable approach and consider both the practice-makes-perfect and selective-referral hypothesis as well as unobserved patient heterogeneity. Our results indicate...
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and mortality. A €1,000 reduction in annual benefits leads to a rise of 4.2 percentage points in the probability of being … the hospitalization of men subject to stricter rules but their mortality rate is reduced by 1.2 percentage points. The …
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