Knox, Kris Joseph; Blankmeyer, Eric C.; Trinidad, José A. - In: The Quarterly Review of Economics and Finance 49 (2009) 3, pp. 1047-1064
Approximately 50% of nursing facilities in Texas petitioned for bankruptcy during the 1998-2004 period. Using a logit regression model tested for robustness, we find nursing facilities that are profit-seekers, chain members, pay higher than average wage rates, accept more intensive-care...