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Health Insurance and the Demand for Healthcare  

Michael Gerfin

Online publication date:
Mar 2019
Health insurance increases the demand for healthcare. Since the RAND Health Insurance Experiment in the 1970s this has been demonstrated in many contexts and many countries. From an ... More

Health Insurance Plan Choice and Switching  

Joachim Winter and Amelie Wuppermann

Online publication date:
Jun 2019
Choice of health insurance plans has become a key element of many healthcare systems around the world along with a general expansion of patient choice under the label of “Consumer-Directed ... More

Health Policy and Finance Challenges in Latin America and the Caribbean: An Economic Perspective  

André Medici and Maureen Lewis

Online publication date:
Apr 2019
Latin American and Caribbean (LAC) countries have experienced a long-term process of improvement in populational health conditions, shifting their health priorities from child–mother care ... More

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

Heterogeneity in Cost-Effectiveness Analysis  

Ciaran N. Kohli-Lynch and Andrew H. Briggs

Online publication date:
Aug 2019
Cost-effectiveness analysis is conducted with the aim of maximizing population-level health outcomes given an exogenously determined budget constraint. Considerable health economic ... More

Home Bias in International Macroeconomics  

Viktoria Hnatkovska

Online publication date:
Apr 2019
Home bias in international macroeconomics refers to the fact that investors around the world tend to allocate majority of their portfolios into domestic assets, despite the potential ... More

Incentives and Performance of Healthcare Professionals  

Martin Chalkley

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

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

International Reserves, Exchange Rates, and Monetary Policy: From the Trilemma to the Quadrilemma  

Joshua Aizenman

The links of international reserves, exchange rates, and monetary policy can be understood through the lens of a modern incarnation of the “impossible trinity” (aka the “trilemma”), based ... 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

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

Machine Learning in Policy Evaluation: New Tools for Causal Inference  

Noémi Kreif and Karla DiazOrdaz

While machine learning (ML) methods have received a lot of attention in recent years, these methods are primarily for prediction. Empirical researchers conducting policy evaluations are, ... More

Macroeconomic Aspects of Housing  

Charles Ka Yui Leung and Cho Yiu Joe Ng

This article summarizes research on the macroeconomic aspects of the housing market. In terms of the macroeconomic stylized facts, this article demonstrates that with respect to business ... 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

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