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Lags, Costs, and Shocks : An Equilibrium Model of the Oil Industry
Bornstein, Gideon - 2017
the world economy. We analyze the impact of the advent of fracking on the volatility of oil prices. Our model predicts a …
Persistent link: https://www.econbiz.de/10012455258
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The OPEC Surplus and U.S.-LDC Trade
Branson, William H. - 1981
This paper explores the connections between the shift of world saving toward OPEC and the changing structure of U … become more interdependent through trade with the newly industrializing countries (NICs) in the developing world. The shift … of world saving toward OPEC in the 1970s effectively internationalized the supply of saving, as OPEC places its surplus …
Persistent link: https://www.econbiz.de/10012478322
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The Effect of Inequality on Redistribution : An Econometric Analysis
Boskin, Michael J.; Elnahal, Kareem; Zhang, Adam - National Bureau of Economic Research - 2024
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
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Financing Health Care Delivery
Gruber, Jonathan - National Bureau of Economic Research - 2022
I review the key issues that arise in financing health care delivery. I begin by documenting the key features of health care markets that make financing so central in this sector, such as the skewed and unpredictable nature of health care spending and market failures in health care delivery. I...
Persistent link: https://www.econbiz.de/10013334471
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Monitoring for Waste : Evidence from Medicare Audits
Shi, Maggie - National Bureau of Economic Research - 2023
This paper examines the tradeoffs of monitoring for wasteful public spending. By penalizing unnecessary spending, monitoring improves the quality of public expenditure and incentivizes firms to invest in compliance technology. I study a large Medicare program that monitored for unnecessary...
Persistent link: https://www.econbiz.de/10014337803
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Randomized Regulation : The Impact of Minimum Quality Standards on Health Markets
Bedoya, Guadalupe; Das, Jishnu; Dolinger, Amy - National Bureau of Economic Research - 2023
We report results from the first randomization of a regulatory reform in the health sector. The reform established minimum quality standards for patient safety, an issue that has become increasingly salient following the Ebola and COVID-19 epidemics. In our experiment, all 1348 health facilities...
Persistent link: https://www.econbiz.de/10014287304
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Turbocharging Profits? Contract Gaming and Revenue Allocation in Healthcare
Gupta, Atul; La Forgia, Ambar; Sacarny, Adam - National Bureau of Economic Research - 2024
Firms often exploit loopholes in government contracts to boost revenues. The welfare consequences of this behavior depend on how firms use the marginal windfall dollar, yet little evidence exists to guide policymakers. This paper studies how hospitals allocated over $3 billion obtained from...
Persistent link: https://www.econbiz.de/10014576593
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Regression Discontinuity Evidence on the Effectiveness of the Minimum Legal E-Cigarette Purchasing Age
DeSimone, Jeff; Grossman, Daniel; Ziebarth, Nicolas R. - National Bureau of Economic Research - 2022
Increases in youth vaping rates and concerns of a new generation of nicotine addicts recently prompted an increase in the federal minimum legal purchase age (MLPA) for tobacco products, including e-cigarettes, to 21 years. This study presents the first regression discontinuity evidence on the...
Persistent link: https://www.econbiz.de/10013435176
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Accelerating Vaccine Innovation for Emerging Infectious Diseases via Parallel Discovery
Barberio, Joseph; Becraft, Jacob; Ben Chaouch, Zied; … - National Bureau of Economic Research - 2022
We analyze the financial performance of a hypothetical portfolio of 120 mRNA vaccine candidates in the preclinical stage targeting 11 emerging infectious diseases. We calibrate the simulation parameters with input from domain experts in mRNA technology and an extensive literature review. We find...
Persistent link: https://www.econbiz.de/10013334345
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The Changing Face of World Oil Markets
Hamilton, James D. - 2014
point in the history of the world's use of this key energy source. In this article I review five of the ways in which the … world of energy may have changed forever …
Persistent link: https://www.econbiz.de/10012458312