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Estimating Equilibrium in Health Insurance Exchanges : Price Competition and Subsidy Design under the ACA

Tebaldi, Pietro - National Bureau of Economic Research - 2022

In government-sponsored health insurance, subsidy design affects market outcomes. First, holding premiums fixed, subsidies determine insurance uptake and average cost. Insurers then respond to these changes, adjusting premiums. Combining data from the first four years of the California ACA...

Persistent link: https://www.econbiz.de/10013172168

International Shocks and Domestic Prices : How Large Are Strategic Complementarities?

Amiti, Mary - 2016

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical estimate of firm price responses to changes in prices of their competitors. We develop a general framework and an empirical identification strategy to estimate the elasticities...

Persistent link: https://www.econbiz.de/10012456555

The Impact of Cartelization, Money, and Productivity Shocks on the International Great Depression

Cole, Harold L. - 2013

model framework, we use the fact that many cartel policies are observationally equivalent to a country-specific labor tax … wedge. We estimate a monetary DSGE model with cartel wedges along with productivity and monetary shocks. Our main finding is … that cartel policy shocks account for the bulk of the Depression in the countries that adopted significant cartel policies …

Persistent link: https://www.econbiz.de/10012459839

More Amazon Effects : Online Competition and Pricing Behaviors

Cavallo, Alberto - 2018

I study how online competition, with its algorithmic pricing technologies and the transparency of the Internet, can change the pricing behavior of large retailers and affect aggregate inflation dynamics. In particular, I show that online competition has raised both the frequency of price changes...

Persistent link: https://www.econbiz.de/10012480790

Transparency and Negotiated Prices : The Value of Information in Hospital-Supplier Bargaining

Grennan, Matthew - 2016

Using a detailed dataset of hospitals' purchase orders, we find that information on purchasing by peer hospitals leads to reductions in the prices hospitals negotiate for supplies. Identification is based on staggered access to information across hospitals over time. Within coronary stents,...

Persistent link: https://www.econbiz.de/10012456635

The Causal Effect of Competition on Prices and Quality : Evidence from a Field Experiment

Busso, Matias - 2014

The potential benefits of demand side interventions may leak into the profits of suppliers whenever there is market power. In those situations, governments could attempt to regulate the market or to increase competition. We provide the first experimental evidence on the effect of increased...

Persistent link: https://www.econbiz.de/10012458610

Railroads of the Raj : Estimating the Impact of Transportation Infrastructure

Donaldson, Dave - 2010

How large are the benefits of transportation infrastructure projects, and what explains these benefits? To shed new light on these questions, this paper uses archival data from colonial India to investigate the impact of India's vast railroad network. Guided by four predictions from a general...

Persistent link: https://www.econbiz.de/10012462170