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Health Status Measurement  

John Mullahy

Online publication date:
Mar 2018
Health status measurement issues arise across a wide spectrum of applications in empirical health economics research as well as in public policy, clinical, and regulatory contexts. It is ... More

Incentives and Performance of Health Care Professionals  

Martin Chalkley

Economists have long regarded health care as a unique and challenging area of economic activity on account of the specialized knowledge of health care professionals (HCPs) and the ... More

Information, Risk Aversion, and Healthcare Economics  

Hendrik Schmitz and Svenja Winkler

Online publication date:
Jun 2018
The terms information and risk aversion play central roles in healthcare economics. While risk aversion is among the main reasons for the existence of health insurance, information ... More

The Law and Economics of Employment Discrimination Law  

Joni Hersch and Blair Druhan Bullock

Online publication date:
Feb 2019
The labor market is governed by a panoply of laws, regulating virtually all aspects of the employment relation, including hiring, firing, information exchange, privacy, workplace safety, ... More

Law, Economics, and Courts  

Nuno Garoupa

Online publication date:
Sep 2018
Law and economics is an important, growing field of specialization for both legal scholars and economists. It applies efficiency analysis to property, contracts, torts, procedure, and many ... More

The Lifetime Dynamics of Health and Wealth  

Pascal St-Amour

Online publication date:
Jun 2018
Life-cycle choices and outcomes over financial (e.g., savings, portfolio, work) and health-related variables (e.g., medical spending, habits, sickness, and mortality) are complex and ... More

Long Memory Models  

Peter Robinson

Long memory models are statistical models that describe strong correlation or dependence across time series data. This kind of phenomenon is often referred to as “long memory” or ... More

Medical Malpractice Litigation  

David A. Hyman and Charles Silver

Online publication date:
Mar 2019
Medical malpractice is the best studied aspect of the civil justice system. But the subject is complicated, and there are heated disputes about basic facts. For example, are premium spikes ... More

Mixed Frequency Models  

Eric Ghysels

Online publication date:
Mar 2018
The majority of econometric models ignore the fact that many economic time series are sampled at different frequencies. A burgeoning literature pertains to econometric methods explicitly ... More

Models of Health and Addiction  

Audrey Laporte and Brian S. Ferguson

Online publication date:
Oct 2018
One of the implications of the human capital literature of the 1960s was that a great many decisions individuals make that have consequences not just for the point in time when the ... More

New Technologies and Costs in Healthcare  

Vincenzo Atella and Joanna Kopinska

Online publication date:
Mar 2019
New sanitation and health technology applied to treatments, procedures, and devices is constantly revolutionizing epidemiological patterns. Since the early 1900s it has been responsible ... More

Nonlinear Models in Macroeconometrics  

Timo Teräsvirta

Many nonlinear time series models have been around for a long time and have originated outside of time series econometrics. The stochastic models popular univariate, dynamic ... More

Optimum Currency Areas Past and Future  

Barry Eichengreen

Online publication date:
Jun 2018
The literature on optimum currency areas differs from that on other topics in economic theory in a number of notable respects. Most obviously, the theory is framed in verbal rather than ... More

Outlier Detection  

Bent Nielsen

This is an advance summary of a forthcoming article in the Oxford Research Encyclopedia of Economics and Finance. Please check back later for the full article. ... More

Pay-for-Performance and Long-Term Care  

Jun Li and Edward C. Norton

Online publication date:
Mar 2019
Pay-for-performance programs have become a prominent supply-side intervention to improve quality and decrease spending in health care, touching upon long-term care, acute care, and ... More

Predictive Regressions  

Jesús Gonzalo and Jean-Yves Pitarakis

This is an advance summary of a forthcoming article in the Oxford Research Encyclopedia of Economics and Finance. Please check back later for the full article. ... More

Price Regulation and Pay for Performance in Public Health Systems  

Luigi Siciliani

Online publication date:
Oct 2018
Payment systems based on fixed prices have become the dominant model to finance hospitals across OECD countries. In the early 1980s, Medicare in the United States introduced the Diagnosis ... More

Price Regulation and Pharmaceuticals  

A. McGuire

Online publication date:
Jun 2018
Pharmaceutical expenditure accounts for approximately 20% of healthcare expenditure across the Organisation for Economic Cooperation and Development (OECD) countries. Pharmaceutical ... More

Public Finance and Soft Budgets  

Rosella Levaggi

Online publication date:
Jul 2018
The concept of soft budget constraint, describes a situation where a decision-maker finds it impossible to keep an agent to a fixed budget. In healthcare it may refer to a (nonprofit) ... More

Qualitative Methods in Health Economics  

Joanna Coast and Manuela De Allegri

Online publication date:
Mar 2018
Qualitative methods are being used increasingly by health economists, but most health economists are not trained in these methods and may need to develop expertise in this area. This ... More

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