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来源类型Working Paper
规范类型报告
DOI10.3386/w12445
来源IDWorking Paper 12445
Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis
Patrick Bajari; Han Hong; Ahmed Khwaja
发表日期2006-08-17
出版年2006
语种英语
摘要Theoretical models predict asymmetric information in health insurance markets may generate inefficient outcomes due to adverse selection and moral hazard. However, previous empirical research has found it difficult to disentangle adverse selection from moral hazard in health care. We empirically study this question by using data from the Health and Retirement Study to estimate a structural model of the demand for health insurance and medical care. Using a two-step semi-parametric estimation strategy we find significant evidence of moral hazard, but not of adverse selection.
主题Econometrics ; Estimation Methods ; Microeconomics ; Economics of Information ; Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w12445
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570103
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Patrick Bajari,Han Hong,Ahmed Khwaja. Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis. 2006.
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