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dc.contributor.authorFelder, Stefanen_US
dc.contributor.authorWerblow, Andreasen_US
dc.contributor.authorZweifel, Peteren_US
dc.date.accessioned2008-10-30en_US
dc.date.accessioned2009-08-06T09:02:29Z-
dc.date.available2009-08-06T09:02:29Z-
dc.date.issued2008en_US
dc.identifier.isbn978-3-86788-077-0en_US
dc.identifier.urihttp://hdl.handle.net/10419/26838-
dc.description.abstractStudies on the effect of ageing on health care expenditures (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences remaining life expectancy. This paper introduces a ten year observational period on monthly HCE, socioeconomic characteristics, and survivor status to first predict TTD and then uses predicted values of TTD as an instrument in the regression for HCE. While exogeneity of TTD has to be rejected, core results concerning the role of TTD rather than age as a determinant of HCE (the red herring hypothesis) are confirmed.en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRuhr economic papers 73en_US
dc.subject.jelI10en_US
dc.subject.jelD12en_US
dc.subject.ddc330en_US
dc.subject.keywordHealth care expenditureen_US
dc.subject.keywordproximity to deathen_US
dc.subject.keywordageingen_US
dc.subject.keywordred herring hypothesisen_US
dc.subject.stwGesundheitskostenen_US
dc.subject.stwAlternde Bevölkerungen_US
dc.subject.stwSterblichkeiten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleDo red herrings swim in circles?: controlling for the endogeneity of time to deathen_US
dc.typeWorking Paperen_US
dc.identifier.ppn583982360en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Ruhr Economic Papers, RWI
Publikationen von Forscherinnen und Forschern des RWI

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