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Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter … shifted their applications away from academia and toward the business sector. In bust conditions, academic institutions …
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This paper examines the strategic behavior of hospitals in one of their primary output markets: inpatient surgical procedures. High levels of learning-by-doing in surgical fields may act as a barrier to entry. I investigate whether incumbent hospitals facing prospective entry in a procedure...
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