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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...
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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/10005248819
There are two broad classes of models used to address the econometric problems caused by skewness in data commonly encountered in health care applications: (1) transformation to deal with skewness (e.g., OLS on ln(y)); and (2) alternative weighting approaches based on exponential conditional...
Persistent link: https://www.econbiz.de/10005248987
We find that alcoholism decreases labor force participation among prime age males, and therefore decreases the income of this group. The effects of alcoholism on the labor force participation of younger and older males and on the wage rates of prime age males are not significantly positive. We...
Persistent link: https://www.econbiz.de/10005720593
Data on health care expenditures, length of stay, utilization of health services, consumption of unhealthy commodities, etc. are typically characterized by: (a) nonnegative outcomes; (b) nontrivial fractions of zero outcomes in the population (and sample); and (c) positively-skewed distributions...
Persistent link: https://www.econbiz.de/10005832241
In applied econometric work, analysts are concerned often with estimation of and inferences about interaction effects, e.g. 'Does the magnitude of the effect of z1 on y depend on z2? ' This paper develops tests for and proper interpretation of various forms of interaction effects in one...
Persistent link: https://www.econbiz.de/10005832244
Various health-, quality-, and disability-adjusted life year or life expectancy (HALY, QALY, DALY; HALE, QALE, DALE) measures have become gold standards for defining outcomes in technology evaluation, population health monitoring, and other evaluative efforts. As such, it is critical that the...
Persistent link: https://www.econbiz.de/10005775229