Showing 1 - 10 of 4,121
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in … measurement errors and apply the model to a data set on 19 firms in housing insurance markets in Switzerland. We show that the … public insurance providers are about 20 per cent more cost efficient than their private counterparts. …
Persistent link: https://www.econbiz.de/10011507834
The welfare implications of direct-to-consumer advertising (DTCA) have garnered considerable attention and are complicated since the consumer delegates some decision-making authority to the physician, who is exposed to advertising as well. In this paper, I develop and estimate a structural model...
Persistent link: https://www.econbiz.de/10013089806
health spending simultaneously controlling for time effects (i.e. institutional changes and business cycles effects) and … estimation bias into predictions of health expenditures per age group, especially for individuals older than 60 years. The …
Persistent link: https://www.econbiz.de/10014197244
In this paper we construct life-cycle profiles of U.S. health care spending using data from the Medical Expenditure … Panel Survey (MEPS). We separate pure age effects on health expenditure from time effects (i.e. productivity effects … trend. Time and cohort effects introduce a significant estimation bias into predictions of health expenditures per age group …
Persistent link: https://www.econbiz.de/10014197478
This volume was prepared by Julian Dieler while he was working with the Center for Energy, Climate and exhaustible Resources at the Ifo Institute for Economic Research. At the latest since the adoption of the Kyoto Protocol in 1997 climate policies are permanently on the international policy...
Persistent link: https://www.econbiz.de/10011698358
Mass-medias are characterized by at least two interrelated markets. Therefore,the media firm has to satisfy two interdependent demands,the demand for magazines and the demand for advertising.The utility of the readers is affected by the information of the editorial and the advertising share.The...
Persistent link: https://www.econbiz.de/10010263400
In several studies, hedonic methods have been used successfully for the ex post assessment of the accuracy of inflation measurement. Most of those studies relate to high-tech products, with respect to which traditional methods of compiling price indices often fail. We apply hedonic methods to...
Persistent link: https://www.econbiz.de/10010295718
The paper uses micro cross-section data from the GfK consumer panel for econometric demand analysis of private households in Germany. Contrary to most research which considered \average behavior we extend this approach to consumer behavior for di®erent \intensities of consumption. Our...
Persistent link: https://www.econbiz.de/10010322047
This paper proposes a quantile regression estimator for a heterogeneous panel model with lagged dependent variables and interactive effects. The paper adopts the Common Correlated Effects (CCE) approach proposed by Pesaran (2006) and Chudik and Pesaran (2015) and demonstrates that the extension...
Persistent link: https://www.econbiz.de/10012908711
This paper proposes a quantile regression estimator for a heterogeneous panel model with lagged dependent variables and interactive effects. The paper adopts the Common Correlated Effects (CCE) approach proposed by Pesaran (2006) and Chudik and Pesaran (2015) and demonstrates that the extension...
Persistent link: https://www.econbiz.de/10012911881