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Incentives in Healthcare Payment Systems  

Ching-to Albert Ma and Henry Y. Mak

Health services providers receive payments mostly from private or public insurers rather than patients. Provider incentive problems arise because an insurer misses information about 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

International Capital Flow Reversals (Sudden Stops)  

Eduardo A. Cavallo

Online publication date:
May 2019
Sudden stops in capital flows are a form of financial whiplash that creates instability and crises in the affected economies. Sudden stops in net capital flows trigger current account ... More

Investments in Children’s Mental Health  

Daniel Eisenberg and Ramesh Raghavan

Online publication date:
Apr 2019
One of the most important unanswered questions for any society is how best to invest in children’s mental health. Childhood is a sensitive and opportune period in which to invest in ... 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

The Law and Political Economy of International Trade Agreements  

Michael Trebilcock

Online publication date:
Apr 2019
While economists overwhelmingly favor free trade, even unilateral free trade, because of the gains realizable from specialization and the exploitation of comparative advantage, in fact ... 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

Measuring Health Utility in Economics  

José Luis Pinto-Prades, Arthur Attema, and Fernando Ignacio Sánchez-Martínez

Online publication date:
May 2019
Quality-adjusted life years (QALYs) are one of the main health outcomes measures used to make health policy decisions. It is assumed that the objective of policymakers is to maximize ... 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

Microinsurance and Rural Health  

Syed Abdul Hamid

Online publication date:
Apr 2019
Health microinsurance (HMI) has been used around the globe since the early 1990s for financial risk protection against health shocks in poverty-stricken rural populations in low-income ... 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

Modeling Chronic Diseases in Relation to Risk Factors  

Pieter van Baal and Hendriek Boshuizen

In most countries, non-communicable diseases have taken over infectious diseases as the most important causes of death. Many non-communicable diseases that were previously lethal diseases ... 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

Multi-Criteria Decision Analysis (MCDA) in Healthcare Decision-Making  

Paul Hansen and Nancy Devlin

Online publication date:
Apr 2019
Multi-criteria decision analysis (MCDA) is increasingly used to support healthcare decision-making. MCDA involves decision makers evaluating the alternatives under consideration based on ... More

New Monetarist Economics  

Chao Gu, Han Han, and Randall Wright

Online publication date:
May 2019
This article provides an introduction to New Monetarist Economics. This branch of macro and monetary theory emphasizes imperfect commitment, information problems, and sometimes spatial ... 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

Noncompliance and Missing Data in Health Economic Evaluation  

Karla DiazOrdaz and Richard Grieve

Health economic evaluations face the issues of noncompliance and missing data. Here, noncompliance is defined as non-adherence to a specific treatment, and occurs within randomized ... 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

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