Showing 1 - 10 of 10
approximately 11,000 West German firms from all major sectors of the German economy. We distinguish between voluntary liquidation … without losses to creditors, and bankruptcy as forced liquidation. We demonstrate that firms under limited liability are … of insolvencies is a non-monotonic function of firm size while the likelihood of voluntary liquidation decreases …
Persistent link: https://www.econbiz.de/10005136761
liquidation and reorganization during economic transformation. The reforms of the financial system and other important factors in … economic transformation influence the impact of bankruptcy regulation in a way distorting it towards liquidation. …
Persistent link: https://www.econbiz.de/10005791908
One of the mechanisms that is implemented in the cost containment wave in the health-care sectors in western countries is the definition, by the third-party payer, of a set of preferred providers. The insured patients have different access rules to such providers when ill. The rules specify the...
Persistent link: https://www.econbiz.de/10005123706
Extending choice in health care is currently popular amongst English, and other, politicians. Those promoting choice make an appeal to a simple economic argument. Competitive pressure helps make private firms more efficient and consumer choice acts as a major driver for efficiency. Giving...
Persistent link: https://www.econbiz.de/10005067537
In this paper, I examine the role of household income in determining who bribes and how much they bribe in health care in Peru and Uganda. I find that rich patients are more likely than other patients to bribe in public health care: doubling household consumption increases the bribery...
Persistent link: https://www.econbiz.de/10005114349
This paper compares the welfare effects of three ways in which health care can be organized: no competition (NC), competition for the market (CfM) and competition on the market (CoM) where the payer offers the optimal contract to providers in each case. We argue that each of these can be optimal...
Persistent link: https://www.econbiz.de/10011083835
This paper addresses the impact of payment systems on the rate of technology adoption. We present a model where technological shift is driven by demand uncertainty, increased patients' benefit, financial variables, and the reimbursement system to providers. Two payment systems are studied: cost...
Persistent link: https://www.econbiz.de/10008558590
Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We investigate this hypothesis empirically by instrumenting for...
Persistent link: https://www.econbiz.de/10005662110
We argue that health care quality has an important impact on economic inequality and on saving behaviour. We exploit district-wide variability in health care quality provided by the Italian universal public health system to identify the effect of quality on income inequality, health inequality...
Persistent link: https://www.econbiz.de/10005791670
The determinants of the dramatically rising expenditures on health care in general, and on hospital care in particular … significant impact of social insurance on the demand for hospital trips, the empirical results presented here cast doubts on the …
Persistent link: https://www.econbiz.de/10005791813