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      Age, Period, and Cohort Effects on Time Trends in Alcohol Consumption in the German Adult Population : Alters-, Perioden- und Kohorteneinflüsse auf Trends im Alkoholkonsum in der deutschen Allgemeinbevölkerung

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      SUCHT

      Hogrefe Publishing Group

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          A Caution Regarding Rules of Thumb for Variance Inflation Factors

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            Alcohol: No Ordinary Commodity

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              Generalized modeling approaches to risk adjustment of skewed outcomes data.

              There are two broad classes of models used to address the econometric problems caused by skewness in data commonly encountered in health care applications: (1) transformation to deal with skewness (e.g., ordinary least square (OLS) on ln(y)); and (2) alternative weighting approaches based on exponential conditional models (ECM) and generalized linear model (GLM) approaches. In this paper, we encompass these two classes of models using the three parameter generalized Gamma (GGM) distribution, which includes several of the standard alternatives as special cases-OLS with a normal error, OLS for the log-normal, the standard Gamma and exponential with a log link, and the Weibull. Using simulation methods, we find the tests of identifying distributions to be robust. The GGM also provides a potentially more robust alternative estimator to the standard alternatives. An example using inpatient expenditures is also analyzed.
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                Author and article information

                Journal
                SUCHT
                SUCHT
                Hogrefe Publishing Group
                0939-5911
                1664-2856
                October 2010
                October 2010
                : 56
                : 5
                : 349-359
                Affiliations
                [1 ] IFT Institut für Therapieforschung, München, Germany
                Article
                10.1024/0939-5911/a000046
                © 2010

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