on health care quality, health care financing and welfare. A decentralised solution without patient mobility leads to too …

state. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public …

This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral … neighboring a single discontinuity). Participation in the program reduces the incidence of behavioral problems, serious health …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …