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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

The Positive Economic Theory of Tort Law  

Mark F. Grady

Online publication date:
Apr 2019
Tort law is part of the common law that originated in England after the Norman Conquest and spread throughout the world, including to the United States. It is judge-made law that allows ... More

Poverty and Social Policy in the United States  

James P. Ziliak

Online publication date:
Apr 2019
The interaction between poverty and social policy is an issue of longstanding interest in academic and policy circles. There are active debates on how to measure poverty, including where ... 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

Quality in Nursing Homes  

Matteo Lippi Bruni, Irene Mammi, and Rossella Verzulli

In developed countries, the role of public authorities as financing bodies and regulators of the long-term care sector is pervasive and calls for well-planned and informed policy actions. ... More

Social Interactions in Health Behaviors and Conditions  

Ana Balsa and Carlos Díaz

Health behaviors are a major source of morbidity and mortality in the developed and much of the developing world. The social nature of many of these behaviors, such as eating or using ... 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

Structural Breaks in Time Series  

Alessandro Casini and Pierre Perron

Online publication date:
Mar 2019
This article covers methodological issues related to estimation, testing, and computation for models involving structural changes. Our aim is to review developments as they relate to ... More

Technology, Productivity, and Costs in Healthcare  

Albert A. Okunade and Ahmad Reshad Osmani

Online publication date:
May 2018
Healthcare cost encompasses expenditures on the totality of scarce resources (implicit and explicit) given up (or allocated) to produce healthcare goods (e.g., drugs and medical devices) ... More

The Economics of Diet and Obesity: Public Policy  

Fabrice Etilé

The rise in obesity and other food-related chronic diseases has prompted public-health officials of local communities, national governments, and international institutions to pay attention ... More

The Economics of Diet and Obesity: Understanding the Global Trends  

Fabrice Etilé and Lisa Oberlander

In the last several decades obesity rates have risen significantly. In 2014, 10.8% and 14.9% of the world’s men and women, respectively, were obese as compared with 3.2% and 6.4% in 1975. ... 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

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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