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Attempts to test the relative deprivation hypothesis, that income inequality affects individual health, are subject to the aggregation problem. Waldmann (Quarterly Journal of Economics 107, 1992) ingeniously attempts to overcome the difficulty by using income data for the poor and the share of...
Persistent link: https://www.econbiz.de/10005470834
Analysing quantity consumed per-period implies a restriction on decisions about how frequently and intensely to consume. This 'quantity-hypothesis' is rejected based on estimated equations for the frequency and intensity of spirit consumption. Consequently, a simultaneous equation system for...
Persistent link: https://www.econbiz.de/10009227356
The English National Health Service (NHS) was established in 1948, and has therefore yielded some long time series data on health system performance. Waiting time for inpatient care have been a persistent policy concern since the creation of the NHS. After developing a simple theoretical...
Persistent link: https://www.econbiz.de/10010549465