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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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| Médium: | Artigo |
| Jazyk: | Inglês |
| Vydáno: |
2012
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| Témata: | |
| On-line přístup: | 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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