Gaynor, Martin; Vogt, William; Antwi, Yaa Akosa - National Bureau of Economic Research (NBER) - 2009
We use data from California to document and offer possible explanations for the sharp increase in hospital prices charged to private payers after 1999. We find a downward trend in price for private pay patients in the 1990s and a rapid upward trend beginning in 1999, amounting to an annual...