Yu, Tiffany Hui-Kuang; Wang, David Han-Min; Wu, Kuo-Lun - In: Journal of Business Research 68 (2015) 4, pp. 783-787
Considerable prior research argues that time to death, not population aging, explains the growth of healthcare expenditures. The objective of this study is to shed light on this debate by presenting new evidence on the red herring hypothesis. This study adopts quantile regression analysis to...