Do red herrings swim in circles? Controlling for the endogeneity of time to death

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Do red herrings swim in circles? Controlling for the endogeneity of time to death. / Felder, Stefan; Werblow, Andreas; Zweifel, Peter.
In: Journal of Health Economics, Vol. 29, No. 2, 01.03.2010, p. 205-212.

Research output: Journal contributionsJournal articlesResearchpeer-review

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Felder S, Werblow A, Zweifel P. Do red herrings swim in circles? Controlling for the endogeneity of time to death. Journal of Health Economics. 2010 Mar 1;29(2):205-212. doi: 10.1016/j.jhealeco.2009.11.014

Bibtex

@article{41ebd4e7d56f488f89641c6c287e368f,
title = "Do red herrings swim in circles?: Controlling for the endogeneity of time to death",
abstract = "Studies on the effect of ageing on health care expenditure (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences the remaining life expectancy. This paper introduces a 10-year observation period on monthly HCE, socioeconomic characteristics and survivor status to first predict TTD and then use the predicted values as an instrument in the regression for HCE. While exogeneity of TTD has to be rejected, core results concerning the role of TTD rather than age as a determinant of HCE (the 'red herring' hypothesis) are confirmed.",
keywords = "Health sciences, Age Factors, Aged, Bias (Epidemiology), Chi-Square Distribution, Confidence Intervals, Female, Health Care Costs, Humans, Insurance, Health, Life Expectancy, Male, Middle Aged, Mortality, Sex Factors, Socioeconomic Factors, Survival Analysis, Time Factors",
author = "Stefan Felder and Andreas Werblow and Peter Zweifel",
note = "Copyright 2009 Elsevier B.V. All rights reserved.",
year = "2010",
month = mar,
day = "1",
doi = "10.1016/j.jhealeco.2009.11.014",
language = "English",
volume = "29",
pages = "205--212",
journal = "Journal of Health Economics",
issn = "0167-6296",
publisher = "Elsevier B.V.",
number = "2",

}

RIS

TY - JOUR

T1 - Do red herrings swim in circles?

T2 - Controlling for the endogeneity of time to death

AU - Felder, Stefan

AU - Werblow, Andreas

AU - Zweifel, Peter

N1 - Copyright 2009 Elsevier B.V. All rights reserved.

PY - 2010/3/1

Y1 - 2010/3/1

N2 - Studies on the effect of ageing on health care expenditure (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences the remaining life expectancy. This paper introduces a 10-year observation period on monthly HCE, socioeconomic characteristics and survivor status to first predict TTD and then use the predicted values as an instrument in the regression for HCE. While exogeneity of TTD has to be rejected, core results concerning the role of TTD rather than age as a determinant of HCE (the 'red herring' hypothesis) are confirmed.

AB - Studies on the effect of ageing on health care expenditure (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences the remaining life expectancy. This paper introduces a 10-year observation period on monthly HCE, socioeconomic characteristics and survivor status to first predict TTD and then use the predicted values as an instrument in the regression for HCE. While exogeneity of TTD has to be rejected, core results concerning the role of TTD rather than age as a determinant of HCE (the 'red herring' hypothesis) are confirmed.

KW - Health sciences

KW - Age Factors

KW - Aged

KW - Bias (Epidemiology)

KW - Chi-Square Distribution

KW - Confidence Intervals

KW - Female

KW - Health Care Costs

KW - Humans

KW - Insurance, Health

KW - Life Expectancy

KW - Male

KW - Middle Aged

KW - Mortality

KW - Sex Factors

KW - Socioeconomic Factors

KW - Survival Analysis

KW - Time Factors

UR - http://www.scopus.com/inward/record.url?scp=77950628819&partnerID=8YFLogxK

U2 - 10.1016/j.jhealeco.2009.11.014

DO - 10.1016/j.jhealeco.2009.11.014

M3 - Journal articles

C2 - 20022392

VL - 29

SP - 205

EP - 212

JO - Journal of Health Economics

JF - Journal of Health Economics

SN - 0167-6296

IS - 2

ER -