ALBERTO HOLLY CURRICULUM VITAE

ALBERTO HOLLY CURRICULUM VITAE VERSION DATE: JUNE 2011 Current address Personal Institute of Health Economics and Management (IEMS) University of Lausanne Route de Chavannes 31 CH 1015 Lausanne Switzerland Tel.: (+41 21) 692 34 82 (direct line) (+41 21) 692 33 20 (Assistant) Fax: (+41 21) 692 36 55 e-mail address: Alberto.Holly@unil.ch and Faculdade de Economia Universidade Nova de Lisboa Campus de Campolide PT 1099-032 Lisbon Portugal e-mail address: alberto.holly@novasbe.pt Date and place of birth: March 20, 1944, Cairo, Egypt Citizenship: Spain Residence: Resident in Switzerland Marital status: Married; one child Current position Past position Professor Emeritus at the University of Lausanne, Faculty of Business and Economics (HEC Lausanne), Switzerland. Visiting Professor, Institute of Health Economics and Management («Institut d économie et management de la santé» (IEMS)), University of Lausanne. Visiting Professor, Faculty of Economics, Universidade Nova de Lisboa (FEUNL), Portugal. Assistant Professor at the University of Lausanne, Faculty of Business and Economics (HEC Lausanne), Switzerland (1978-1980). February 2007

2 Education "Professeur Ordinaire" at the University of Lausanne, Faculty of Business and Economics (HEC Lausanne), Switzerland. This is a Senior position equivalent to Full Professor with tenure in the United States (1980 2009). Director of the Institute of Health Economics and Management («Institut d économie et management de la santé» (IEMS)), University of Lausanne (1998-2009) Vice-President of the Swiss School of Public Health+ (SSPH+) (2004 2008) Licence de Mathématiques D.E.A. de Statistique (specialization Mathematical Economics) Licence de Sciences Economiques (specialization International Economics) D.E.S. Sciences Economiques (specialization Development Economics with Professor C. Furtado) Docteur, Mathématiques de la Décision (Université Paris-IX, Dauphine) 1967 Paris-Orsay 1968 Paris 1969 Paris 1970 Paris 1976 Paris Visiting Appointments Visiting Professor, Department of Economics, Harvard University Visiting Professor, Department of Economics, The London School of Economics and Political Sciences Visiting Professor, Instituto de Matematica Pura e Aplicada (IMPA), Rio de Janeiro-Brazil Visiting Professor, Modeling Research Group University of Southern Californie, Los Angeles Visiting Professor, Department of Economics, MIT Spring Term 1980, Fall term 1983 (first half) Fall term 1991 February 1981-March 1981 September - October 1982 November - December 1986 Month of March - April years 1992 through 1994 December 1995 - March 1996 February - March 1997 February 1998 March 1986 September 1986 - October 1986

3 Visiting Professor, Ecole Polytechnique, France, at the Laboratoire d'econométrie Visiting Professor, Department of Econometrics, University of Venice, Italy Visiting Professor, Department of Econometrics, University of Geneva Visiting Professor, Department of Economics, Kyoto University, Japan Visiting Professor, Department of Economics, University of Zürich Visiting Professor, University of Fribourg Visiting Professor, University of Neuchâtel Visiting Professor, Department of Economics, University of Paris I, France Visiting Professor, Harvard Medical School, Department of Health Care Policy January 1987 - March 1987 July 1986, March 1987 October 1988 - February 1989 March 1989 April 1989 - July 1989 October 1990 - February 1991 April 1990 - June 1990 January - May 1991 Month of October - February years 1991 through 1994 November - December 1994 Month of April - May years 1996 through 2005 September - December 1995 October 1997, 2001, 2005 Research grants 1. Research grant from the Commissariat Général au Plan (C.O.R.D.E.S.) for two years from 4 November 1975. Title of research: "Evaluation Methods for Simultaneous Equation Models". Principal investigator in this project. (The coinvestigator were: J.P. Laffargue, P. Mazodier, A. Monfort, A. Trognon and A. Zylberberg, includes a joint paper with P.C.B. Phillips). 2. Research grant from the Swiss national science foundation (SNSF) for 18 months from April 1, 1981. Title of research: "Studies in the Estimation of Panel Data Models".

4 3. Research grant of from the Swiss national science foundation (SNSF) for two years from October 1, 1984. Title of research: "Neutrality, Causality and Exogeneity". 4. Research grant from the Swiss national science foundation (SNSF) for 18 months from September 1, 1986. (Co-investigator: Jean-Pierre Danthine). Title of research: "Estimation of demand for money in Switzerland: a reexamination". 5. Research grant from the Swiss national science foundation (SNSF) for 24 months from October 1, 1989. Title of research: "Statistical inference in the context of semi-parametric econometric models". 6. Research grant from Swiss Federal Public Health Office for 12 months from May 1, 1997. Title of research: «Taxation and Tobacco Consumption». 7. Research grant from the Swiss national science foundation (SNSF) (PNR 45 "Etat Social") for 36 months from September 1, 2000. Title of the research "Concurrence entre assureurs et compensation des risques". 8. Commission of the European Communities - for 24 months from 1 st. January 2002 A Survey of Health, Ageing and Retirment in Europe (SHARE) 9. Commission of the European Communities AMANDA - for 36 months from 1er January 2003. Advanced Multidisciplinary Analysis of New Data on Ageing (AMANDA) 10. Research grant from the Swiss national science foundation (SNSF) for 24 months from September 1, 2004. Title of the research "Maximum Likelihood Estimation of linear regression models for skewed dependent variables in fourparameter families of distribution" 11. Commission of the European Communities - for 36 months from 1 st January 2006. Survey of Health, Ageing and Retirement in Europe : Integrating Activities to Access the Time Dimension and to Enlarge the Cross-national Dimension ( SHARE-I3) 12. Research grant from the Swiss national science foundation (SNSF) for 24 months from September 1, 2009. Title of the research "Survey of Health, Ageing and Retirement in Europe, Wave 4.

5 Activity within the Econometric Society - Fellow of the Econometric Society (elected in 1985) - Co-Editor Econometric Society Monograph Series (from January 1, 1994) - Regional Consultant for the European Econometric Society (Switzerland and Italy) 1983-1995 - Organizer of the 1981 Summer Workshop of the European Econometric Society in Lausanne. (Topic: Qualitative Response Models in Economics). - Member of the Programme Committee for the 1979 European Meeting of the Econometric Society in Athens. - Member of the Programme Committee for the 1981 European Meeting of the Econometric Society in Amsterdam. - Member of the Programme Committee for the 1982 European Meeting of the Econometric Society in Dublin. - Member of the Programme Committee for the 1983 European Meeting of the Econometric Society in Pisa. - Co-Chairman of the Programme Committee for the 1984 European Meeting of the Econometric Society in Madrid. - Member of the Programme Committee for the 1996 Latin Amercan Meeting of the Econometric Society in Rio de Janeiro. - Member of the Programme Committee for the 1997 European Meeting of the Econometric Society in Toulouse. Other professional activities - Member of the Editorial Committee and Editor, Problems and Solutions Series, Econometric Theory (1985-1993) - Associate Editor Econometric Reviews (1981-1986) - Member of the Editorial Board of Annales d'economie et de Statistique (1986-1992) - Member of the Editorial Committee, Revista Brasileira de Econometria (1987-1991)

- Referee for Econometrica, Journal of Econometrics, International Economic Review, Journal of the American Statistical Association, Journal of Health Economics 6

7 Publications 1. Dissertations L'industrialisation par substitution d'importation. Comparaison des cas de l'argentine et du Brésil. Mémoire de D.E.S. de Sciences Economiques (under the direction of Professor C. Furtado) Un estimateur de la densité spectrale d'un processus stochastique stationnaire au sens faible. Thèse de Doctorat de 3e Cycle en Mathématiques de la Décision, University Paris IX, (Dauphine). 2. Articles Sur l'estimation des paramètres d'un modèle linéaire lorsque la matrice des variances-covariances des résidus est singulière, Revue de Statistique appliquée, 1974. A Saddlepoint Approximation to the Distribution of the k-class Estimator of a Coefficient in a Simultaneous System, (with P.C.B. Phillips), Econometrica, Vol. 47, No 6, November 1979, pp. 1527-1547. Statistical Inference in an Implicit Nonlinear, Simultaneous Equation Model in the Context of Maximum Likelihood Estimation, (with A.R. Gallant), Econometrica, Vol. 48, No 3, April 1980, pp. 697-720. Likelihood Ratio Test, Wald Test and Kuhn-Tucker Test in Linear Models with Inequality Constraints on the Regression Parameters, (with C. Gouriéroux and A. Monfort), Econometrica, January 1982, pp. 63-80. Tests de specification Cahiers du Séminaire d'econométrie, No 24, Editions du CNRS, Paris, France, January 1982. A Remark on Hausman's Specification Test, Econometrica, Vol. 50, No 63, May 1982, pp. 749-759. Hausman's Specification Test, in Encyclopedia of Statistical Sciences, S. Kotz and N.L. Johnson (eds), Vol. 3, John Wiley & Sons, 1983. Une présentation unifiée des tests d'exogénéité dans les modèles à équations simultanées, Annales de l'insee, 50, 1983, pp. 3-24. Tests d'exogénéité dans un modèle à équations sinultanées: énoncé de résultats théoriques en information limitée et illustration à des tests de dépendance de la politique monétaire en régime de changes fixes, (with D. Laskar), Cahiers du Séminaire d'econométrie, 25, Edtions du CNRS, Paris, France, 1983. Some Useful Equivalence Properties of Hausman's Test", (with A. Monfort), Economics Letters, Vol. 20, No 1, January 1986, pp. 39-40. Specification Tests: An Overview in Advances in Econometrics, Fifth World Congress, Edited by Truman F. Bewley, Cambridge University Press 1987.

Testing for Exogeneity: A Survey Economic Notes, Monte dei Paschi di Siena, Vol. 3, pp. 108-130, 1987. 8

9 Exact and Approximate Distribution of the t Ratio Test Statistic In An AR(1) Model, in Dynamic econometric modeling. Proceedings of the Third International Symposium in Econometric Theory & Econometrics. Edited by William A. Barnett, Ernst R. Berndt, and Halbert White, Cambridge University Press 1988. A Note on Instrumental Variables and Maximum Likelihood Estimation Procedures with Jan R. Magnus. Annales d'economie et de Statistique, 10, pp. 121-138, 1988. Asymptotic Theory for Nonlinear Econometric Models: Estimation, in Aart J. de Zeeuw (ed.) Advanced Lectures in Quantitative Economics II, Academic Press, (1993). A Random Linear Functional Approach to Efficiency Bounds, in Essays in Applied Economics a Volume in Honor of Zvi Griliches, edited by Melvyn Fuss, Reuben Gronau, Ariel Pakes, Journal of Econometrics, Vol. 65, No 1, January 1995, pp. 235-261. An Asymptotic Expansion for the Distribution of Test Criteria Which Are Asymptotically Distributed As Chi-squared Under a Sequence of Local Alternatives (with Lucien Gardiol) in G.S. Maddala, P.C.B. Phillips and T. N. Srinivasan (eds.): Advances in Econometrics and Quantitative Economics, Blackwell 1995. De l argumentaire en économétrie, in De l argumentation dans les sciences de la société, edited by Marie-Jeanne Borel and Pierre Moor, Revue européenne des sciences sociales, 1997, Tome XXXV, No. 107, pp. 159-168. An Econometric Model of Health Care Utilization and Health Insurance in Switzerland (with Lucien Gardiol, Gianfranco Domenighetti and Brigitte Bisig) in Papers and Proceedings of the Twelfth Annual Congress of the European Economic Association, edited by Philippe Jehiel, European Economic Review, 1998, Vol. 42, pp. 513-522. A Score Test for Individual Heteroscedasticity in a One-Way Error Components Model (with Lucien Gardiol), in Panel Data Econometrics : Future Directions, J. Krishnakuma and E. Ronchetti (Eds.) North-Holland, Elsevier Science B.V. The Netherlands (2000) Technological Change in Treatment of Myocardial Infarction in Switzerland, 1986-1993 (with Fred Paccaud), in A Global Analysis of Technological Change in Health Care: Heart Attacks; Editors, Mark McClellan and Daniel Kessler. Health Policy and Management Series, University of Michigan Press (2003). Health and Health Care Inequalities in Switzerland: A Brief Review of the Literature (with Mohamed Benkassmi). Draft paper prepared for the Réseau universitaire international de Genève (RUIG) / United Nations Research Institute for Social Development (UNRISD) project on Globalization, Inequality and Health, a collaborative international project forming part of the RUIG research programme on The Social Challenge of Development, November 2003. Health-Based Risk Adjustment in Switzerland: An Exploration Using Medical Information from Prior Hospitalisation (with Lucien Gardiol, Yves Eggli, Tarik Yalcin and Tiago Ribeiro), Final Report for the Swiss National Science Foundation (SNF) (National Research Program 45 Future Problems of the

10 Welfare State ), Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, August 2004. Out-of-pocket payments for health care expenditures (with K. Lamiraud, H. Chevrou-Severac, T. Yalcin) In Börsch-Supan A, Brugiavini A, Jürges H, Mackenbach J, Siegrist J, editors. Health, Ageing and Retirement in Europe First results from the Survey of Health, Ageing and Retirement in Europe. Mannheim: MEA (2005) Risk Adjustment in Switzerland (with Konstantin Beck, Stefan Spycher, Lucien Gardiol),Health Policy 65, July 2005, pp 63 74

11 Risk Adjustment and Risk Selection on the Sickness Fund Insurance Market in Five European Countries (with WPMM Van de Ven, K. Beck, F. Buchner, D. Chernichovsky, L. Gardiol, LM Lamers, E. Schokkaert, A. Shmueli, S. Spycher, C. Van de Voorde, RCJA van Vliet, J. Wasem, I. Zmora) in Health Policy 65, July 2005, pp 75-98 Constructing Producer Price Indices for the Health Care Sector : The Case of the Hospital Sector (with T. Ribeiro, H. Chevrou-Séverac), in A. Holly and Luc Schenker (Eds.), The 2003 2005 Swiss Research Program on DRGGs, Revue Economique et Sociale, Special Issue, June 2006. Problèmes de l assurance maladie, in Réforme de la santé, Supplément de la Revue «La Vie Economique», Commission pour les questions conjoncturelles, Rapport annuel 2006, septembre 2006, pp. 54 62. Produits pharmaceutiques et dispositifs médicaux, in Réforme de la santé, Supplément de la Revue «La Vie Economique», Commission pour les questions conjoncturelles, Rapport annuel 2006, septembre 2006, pp. 79 86. The Effect of Nonmedical Factors on Variations in the Performance of Colonoscopy Among Different Health Care Settings (with Karine Lamiraud, Bernard Burnand, Pascal Juillerat, Vincent Wietlisbach, Florian Froehlich, Jean- Jacques Gonvers, and John-Paul Vader) in Medical Care, Volume 48, Number 2, February 2010, pp. 101 109. Old Age, Health and Long-term Care. In: Lans Bovenberg, Arthur van Soest and Asghar Zaidi (eds): Ageing, Health and Pensions in Europe: An Economic and Social Policy Perspective, 2010, Palgrave Macmillan, UK. Does Poor Childhood Health Explain Increased Health Care Utilisation and Payments in Middle and Old Age? (with Moschetti Karine, Karine Lamiraud, Owen O Donnell) In: Axel Börsch-Supan, Martina Brandt, Karsten Hank and Mathis Schröder (eds): The Individual and the Welfare State. Life Histories in Europe. 2011, Springer: Heidelberg. Fourth order Pseudo Maximum Likelihood methods, (with Alain Monfort and Michael Rockinger), Journal of Econometrics, 162, June 2011, pp. 278-293 3. Book Review Review of the book by Denis Sargan entitled Lectures on Advanced Econometric Theory, Edited by Meghnad Desal, Basil Blackwell, which appeared in Econometric Theory, 6, 1990, 481-483. 4. Technical Reports Propriétés asymptotiques des estimateurs du maximum de vraisemblance d'un modèle linéaire avec perturbations non-stationnaires, manuscript presented at the Summer Workshop of the Econometric Society, Louvain, 1975. A Gauss-Newton Iteration Procedure for a Constrained Quasi-Maximum Likelihood Estimator, Cahiers du Laboratoire d'econométrie, June 1976.

12 Testing Statistical Hypothesis in Multiple Equations Non-Linear Models, Cahiers du Laboratoire d'econométrie, March 1978. A Note on Tests of Serial Correlation Based Upon Instrumental Variables Estimators, Cahiers du Laboratoire d'econométrie, May 1978. Testing Recursiveness in a Triangular Simultaneous Equation Model, Warwick Economic Research Paper No. 154, July 1979. Second Version, June 1980. Kuhn-Tucker, Likelihood Ratio and Wald Tests for Nonlinear Models with Inequality Constraints on the Parameters (with C. Gouriéroux and A. Monfort), Harvard Institute of Economic Research, Discussion Paper, No. 770, June 1980. Testing for Exogeneity within a Limited Information Framework (with J.D. Sargan), Cahiers du Laboratoire d'econométrie, Ecole Polytechnique, France, June 1981, Revised December 1981. A Simple Procedure for Testing Whether a Subset of Endogenous Variables is Independent of the Disturbance Term in a Structural Equation, Cahiers de Recherches Economiques No 8209, November 1982, and No 8306, Revised November 1983, Département d'econométrie et d'economie Politique (DEEP), University of Lausanne. Testing for Exogeneity: some finite sample results, mimeo, February 1984.

13 Tensor Components of Multivariate Hermite Polynomials and Moments of a Multivariate Normal Distribution, Cahiers de Recherches Economiques No 8701, Département d'econométrie et d'economie Politique (DEEP), University of Lausanne. A general Kronecker Formula for the Moments of the Multivariate Normal Distribution (with P. Balestra), Cahiers de Recherches Economiques No 9002, February 1990, Département d'econométrie et d'economie Politique (DEEP), University of Lausanne. Asymptotic Properties of Extremum Estimators for Semiparametric Models mimeo, June 1992 Asymptotic distribution of Extremum Estimators for Semiparametric Models (with Aloisio Araujo): mimeo, October 1994 Risk adjustment in Switzerland: a preliminary exploration using All Patients Diagnosis Related Groups, (with Lucien Gardiol, Yves Eggli and Tarik Yalcin), mimeo, Presented at the ISPE Conference on Health Economics, Louvain-La- Neuve December 1999 The Effect of Cigarette Taxes and Health Information on Cigarette Consumption in Switzerland, (with Lucien Gardiol), mimeo,. Presented at the ihea joint session at the AEA/ASSA Annual General Meeting, Boston January 2000. Comparaison du traîtement fiscal des cantons servant à la réduction des primes à l'assurance-maladie - Mandat de la Conférence romande des affaires sanitaires et sociales (CRASS) - December 2000 Contrôle des primes d'assurance-maladie. Canton de Genève - Mandat de la Direction générale de l'action sociale - Département de l'action sociale et de la santé du canton de Genève - September 2001 Computation of the Probability that a d--dimensional normal vector belongs to a polyhedral cone with arbitrary vertex (with Hippolyte Lazard Holly), Institute of Health Economics and Management, University of Lausanne, Switzerland, mimeo, July 7, 2002 Maximum Likelihood Estimation of the Conditional Mean E(y/x) for Skewed Dependent Variables in Four-parameter Families of Distributions (with Yevhen Pentsak), Insitutute of Helth Economics and Management, University of Lausanne, Switzerland, mimeo, October 2003 "Financement des établissements médico-sociaux vaudois : analyse des frontières d efficacité" (with Jacques Huguenin, Alain Boutat and Yves Eggli), Institut d économie et de management de la santé (IEMS), University of Lausanne, Switzerland, mimeo, February 2004. The Effect of Health Care System and Environment on Variations in Performance and Quality of Colonoscopy in OECD Countries (with Karine Lamiraud, John-Paul Vader, Vincent Wietlisbach, Bernard Burnand, Florian Froehlich and Jean-Jacques Gonvers), Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, July 2004. Technological Change in Health Care (TECH) Research Network: Econometric

14 Methods (with Lucien Gardiol and Jacques Huguenin), Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, June 2004. Asymmetric Information in Health Care Services Utilization: The Role of Private Insurance (with Vincenzo Atella and Jacques Huguenin), Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, September 2004. Estimation of multivariate probit models by exact maximum likelihood, (with Jacques Huguenin and Florian Pelgrin), Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, June 2008. Modeling risk with Pseudo-Maximum Likelihood of order four, Institute of Health Economics and Management (IEMS), University of Lausanne, Switzerland, mimeo, June 2010.