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This paper presents a model of Belgian household consumption, with a focus on private health expenditures. To do so, we have formulated and estimated an extension of the classic Almost Ideal Demand System. The original model has been modified by introducing a dynamic adjustment mechanism and by...
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A correct parametric approximation of the productivity distribution is essential to calculate Gains From Trade (GFT) in heterogeneous firms models. This paper argues that heterogeneity in productivity is best captured by Finite Mixture Models (FMMs). FMMs build on the existence of unobserved...
Persistent link: https://www.econbiz.de/10015217302
This report summarizes the main results of Work Package 1 of the research project ‘Assessing Needs of Care in European Nations’ (ANCIEN). This report aims at contributing to knowledge on long-tem care (LTC) system design features by developing a typology of LTC system models in EU countries,...
Persistent link: https://www.econbiz.de/10015230440
Background: The small but growing literature on socio-economic inequality in morbidity among older persons suggests that social inequalities in health persist into old age. A largely separate body of literature looks at the predictors of long-term care use, in particular of institutional care....
Persistent link: https://www.econbiz.de/10015263437