Thursday 6 December 2012, 2.00PM to 3.15pm
Speaker(s): Owen O'Donnell, Professor, Erasmus University Rotterdam
Abstract: Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data containing information on the means of financing health payments. We estimate medical expenditure risk in seven Asian countries and find it is highest in Laos and China, and is lowest in Malaysia. Exposure to risk is generally higher for households that have less recourse to self-insurance, lower incomes, wealth and education, and suffer from chronic illness.
Location: ARRC Auditorium A/RC/014
Who to contact
For more information on these seminars, contact:
Adrian Villasenor
Adrian Villasenor-Lopez
Dacheng Huo
Dacheng Huo
If you are not a member of University of York staff and are interested in attending the seminar, please contact Adrian Villasenor-Lopez or Dacheng Huo so that we can ensure we have sufficient space
CHE Seminar Programme
- Thursday 12 January 2017
Jon Sussex, Chief Economist, RAND Europe- Thursday 9 February 2017
Richard Murray, Kings Fund