Econometric Models for Limited Dependent Variable Outcomes in Healthcare Expenditures and Utilization

Research Area: Health services research
Keywords: Risk Adjustments, Evaluation, Applied Health Econometrics

Principal Investigator: Prof. John Mullahy

The thrust of most of this work is to understand how to estimate useful econometric models for long-tailed, highly-skewed distributions that may include data on non-spenders/non-users. These methods can be useful in applied exercises like risk adjustment, cost projections, and economic evaluations. A variety of methods have been developed and implemented over the years; some of this work has been done in collaborations with Profs. Will Manning and Anirban Basu at the University of Chicago.