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The Economics of International Wage Differentials and Migration  

Lant Pritchett and Farah Hani

The key question for the economics of international migration is whether observed real wage differentials across countries for workers with identical intrinsic productivity represent an ... More

The Evolution of Mental Health Policy and Economics  

Sherry Glied and Richard Frank

Online publication date:
Mar 2018
Mental health economics addresses problems that are common to all of health economics, but that occur with greater severity in this context. Several characteristics of mental health ... More

The Italian Economy Before Unification, 1300–1861  

Paolo Malanima

Online publication date:
Apr 2020
Italy played a central role in the Euro-Mediterranean economy during Antiquity, the late Middle Ages, and the Renaissance. Until the end of the 16th century, the Italian economy was ... More

The Law and Economics of Mergers and Acquisitions  

Charles R. Korsmo

Online publication date:
Aug 2019
Law and economics has proved a particularly fruitful scholarly approach in the field of mergers and acquisitions. A huge law and economics literature has developed, providing critical ... 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

The Ottoman Empire: Institutions and Economic Change, 1500–1914  

Şevket Pamuk

Online publication date:
Jul 2020
The Ottoman Empire stood at the crossroads of intercontinental trade for six centuries until World War I. For most of its existence, the economic institutions and policies of this agrarian ... More

The Spatial Dimension of Health Systems  

Elisa Tosetti, Rita Santos, Francesco Moscone, and Giuseppe Arbia

The spatial dimension of supply and demand factors is a very important feature of healthcare systems. Differences in health and behavior across individuals are due not only to personal ... More

The Value of a Statistical Life  

Thomas J. Kniesner and W. Kip Viscusi

Online publication date:
Jul 2019
The value of a statistical life (VSL) is the local tradeoff rate between fatality risk and money. When the tradeoff values are derived from choices in market contexts the VSL serves as both ... More

Time-Domain Approach in High-Dimensional Dynamic Factor Models  

Marco Lippi

Online publication date:
Nov 2019
High-dimensional dynamic factor models have their origin in macroeconomics, more specifically in empirical research on business cycles. The central idea, going back to the work of Burns and ... More

Time Preferences for Health  

Marjon van der Pol and Alastair Irvine

Online publication date:
Oct 2018
The interest in eliciting time preferences for health has increased rapidly since the early 1990s. It has two main sources: a concern over the appropriate methods for taking timing into ... More

Trade Agreements: Theoretical Foundations  

Mostafa Beshkar and Eric Bond

Online publication date:
Jul 2019
International trade agreements have played a significant role in the reduction of trade barriers that has taken place since the end of World War II. One objective of the theoretical ... More

Urban Sprawl and the Control of Land Use  

Alex Anas

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Jul 2019
Urban sprawl in popular sources is vaguely defined and largely misunderstood, having acquired a pejorative meaning. Economists should ask whether particular patterns of urban land use are ... More

Valuation of Health Risks  

Henrik Andersson, Arne Risa Hole, and Mikael Svensson

Online publication date:
Mar 2019
Many public policies and individual actions have consequences for population health. To understand whether a (costly) policy undertaken to improve population health is a wise use of ... More

Variations in the Adoption of Healthcare Innovation: A Literature Review  

Marisa Miraldo, Katharina Hauck, Antoine Vernet, and Ana Wheelock

Online publication date:
Apr 2019
Major medical innovations have greatly increased the efficacy of treatments, improved patient outcomes, and often reduced the cost of medical care. However, innovations do not diffuse ... More

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