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Book part
Publication date: 1 January 2008

Murat K. Munkin and Pravin K. Trivedi

This paper analyzes the effect of dental insurance on utilization of general dentist services by adult US population aged from 25 to 64 years using the ordered probit model with…

Abstract

This paper analyzes the effect of dental insurance on utilization of general dentist services by adult US population aged from 25 to 64 years using the ordered probit model with endogenous selection. Our econometric framework accommodates endogeneity of insurance and the ordered nature of the measure of dental utilization. The study finds strong evidence of endogeneity of dental insurance to utilization and identifies interesting patterns of nonlinear dependencies between the dental insurance status and individual's age and income. The calculated average treatment effect supports the claim of adverse selection into the treated (insured) state and indicates a strong positive incentives effect of dental insurance.

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Bayesian Econometrics
Type: Book
ISBN: 978-1-84855-308-8

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Book part
Publication date: 1 January 2008

Abstract

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Bayesian Econometrics
Type: Book
ISBN: 978-1-84855-308-8

Book part
Publication date: 1 January 2008

Siddhartha Chib, William Griffiths, Gary Koop and Dek Terrell

Bayesian Econometrics is a volume in the series Advances in Econometrics that illustrates the scope and diversity of modern Bayesian econometric applications, reviews some recent…

Abstract

Bayesian Econometrics is a volume in the series Advances in Econometrics that illustrates the scope and diversity of modern Bayesian econometric applications, reviews some recent advances in Bayesian econometrics, and highlights many of the characteristics of Bayesian inference and computations. This first paper in the volume is the Editors’ introduction in which we summarize the contributions of each of the papers.

Details

Bayesian Econometrics
Type: Book
ISBN: 978-1-84855-308-8

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