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MEDICAL EXPENDITURE RISK AND HOUSEHOLD PORTFOLIO CHOICE

Medical expenses are an increasingly important contributor to household financial risk. We examine the effect of medical expenditure risk on the willingness of Medicare beneficiaries to hold risky assets. Using a discrete factor maximum likelihood method to address the endogeneity of insurance choic...

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Detalhes bibliográficos
Main Authors: Goldman, Dana, Maestas, Nicole
Formato: Artigo
Idioma:Inglês
Publicado em: 2012
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC3757955/
https://ncbi.nlm.nih.gov/pubmed/23997424
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1002/jae.2278
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