This article assesses the relationship between plan characteristics and Medicare Prescription Drug Plan (PDP) bids. Medicare PDP information data are used to link plan and geographic data for stand-alone prescription drug plans participating in the Part D programme from 2006 to 2008...

This paper considers the degree of measurement error in estimates of required schooling for jobs and the bias created by errors when estimating the returns to overeducation. Using the Panel Study of Income Dynamics, it finds substantial differences between estimates of required schooling. Thus...

The note has two primary purposes. The first is to extend the literature examining costs in higher education to a frontier cost function framework. The second goal is to determine whether the source of funds in public higher education influences the degree of efficiency Results show that larger...

This paper reconsiders how the availability of physicians affects mortality rates within geographic areas. Studies typically find that mortality rates are lower in areas with greater medical care resources. While currently available care is important, this paper shows that young adult mortality...

A number of studies examine the link between access to medical care and health status. Previous studies find little or no relationship between the availability of health care and health status. We examine the issue separately for metropolitan and rural areas. We find that the number of...