Cross-sectional latent class regression models, also known as switching regressions or hidden Markov models, cannot identify transitions between classes that may occur over time. This limitation can potentially be overcome when panel data are available. For such data, we develop a sequence of models that combine features of the static cross-sectional latent class (finite mixture) models with those ...
In:
Health Economics
21 (2012), 1 (Suppl.), 101-128
| Judex Hyppolite, Pravin Trivedi