Waiting times for hospital care are a significant issue in the UK National Health Service. The reforms of the health … service in 1990 gave a subset of family doctors (GP fundholders) both the ability to choose the hospital where their patients … were treated and the means to pay for some services. One of the key factors influencing family doctors’ choice of hospital …

various financial incentives, including both carrots to sticks. Once their benefit spell exceeded one year, welfare recipients …

professional referees in 2001-02, thereby changing the financial incentives and monitoring regime faced by these referees. Because …

This paper combines a randomized experiment and a structural model to test whether monitoring and financial incentives … separate the effects of the monitoring and the financial incentives, we estimate a structural dynamic labour supply model that … to the financial incentives. The estimated elasticity of labour with respect to the incentive is 0.306. Our model …

-2004. We estimate duration models dealing with selection on unobservables. We use weighted exogenous sampling maximum …

between corporate spreads and Treasury rates provide evidence on duration and find that the endogenous model explains the …

This paper examines the depth and duration of the slump that invariably follows severe financial crises, which tend to … average over four years. Output falls an average of over 9 percent, although the duration of the downturn is considerably …