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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

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

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 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

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

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