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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...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Goldman, Dana, Maestas, Nicole
Format: Artigo
Sprache:Inglês
Veröffentlicht: 2012
Schlagworte:
Online Zugang: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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