Similar Search Results

Dynamic Hospital Competition Under Rationing by Waiting Times

Sá, Luís - 2019

We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that, whereas policies based on penalties will lead to lower...

Persistent link: https://www.econbiz.de/10012866383

Coinsurance vs. Copayments : Reimbursement Rules for a Monopolistic Medical Product with Competitive Health Insurers

Cremer, Helmuth; Lozachmeur, Jean-Marie - 2021

This paper studies a market for a medical product in which there is perfect competition among health insurers, while …

Persistent link: https://www.econbiz.de/10013221173

Competition and Waiting Times in Hospital Markets

Brekke, Kurt Richard; Siciliani, Luigi; Straume, Odd Rune - 2021

This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that differ in (geographical) location and, potentially, waiting time, and two types of patients; high-benefit patients who choose between neighbouring hospitals (competitive...

Persistent link: https://www.econbiz.de/10013316811

Exponent of Cross-Sectional Dependence for Residuals

Bailey, Natalia - 2018

In this paper we focus on estimating the degree of cross-sectional dependence in the error terms of a classical panel data regression model. For this purpose we propose an estimator of the exponent of cross-sectional dependence denoted by α; which is based on the number of non-zero pair-wise...

Persistent link: https://www.econbiz.de/10012908680

Political Risk and Real Exchange Rate : What Can We Learn from Recent Developments in Panel Data Econometrics for Emerging and Developing Countries?

Bahmani‐Oskooee, Mohsen - 2019

This paper focuses on the analysis of the long-run response of the Real Exchange Rate (RER) to political risks and tests whether non-economic variables have an impact on RER in 31 emerging and developing countries. We use annual data from the International Country Risk Guide database over the...

Persistent link: https://www.econbiz.de/10012892145

Investment Responses to Tax Policy Under Uncertainty

Guceri, Irem - 2019

How does economic uncertainty affect the impact of tax policy? We exploit a natural experiment in which two very similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability, and once during a period of very high uncertainty....

Persistent link: https://www.econbiz.de/10012859606

Pricing for a Cooler Planet : An Empirical Analysis of the Effect of Taxing Carbon

Mideksa, Torben K. - 2021

Finland introduced the planet's first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach. The results suggest that taxing carbon reduces...

Persistent link: https://www.econbiz.de/10013219618

Interdependencies between Countries in the Provision of Energy

Radulescu, Doina; Sulger, Philippe - 2021

Many economies are concerned with the future security of electricity supply. This is rooted in the necessity to decarbonise energy systems and in the nuclear phase-out. Hence, some economies, instead of investing in own domestic energy capacity, rely on energy production by their neighbours. At...

Persistent link: https://www.econbiz.de/10013245630

Selection and Parallel Trends

Ghanem, Dalia; Sant'Anna, Pedro H. C.; Wuthrich, Kaspar - 2022

-randomly” assigned. We investigate what selection mechanisms are compatible with the parallel trends assumptions underlying DiD. We … derive necessary and sufficient conditions for parallel trends that clarify whether and how selection can depend on time … trends, thereby providing the formal underpinnings for justifying DiD based on contextual information about selection into …

Persistent link: https://www.econbiz.de/10014077196

Carbon Default Swap - Disentangling the Exposure to Carbon Risk Through CDS

Blasberg, Alexander; Kiesel, Ruediger; Taschini, Luca - 2022

Using Credit Default Swap spreads, we construct a forward-looking, market-implied carbon risk factor and show that carbon risk affects firms’ credit spread. The effect is larger for European than North American firms and varies substantially across industries, suggesting the market recognises...

Persistent link: https://www.econbiz.de/10014243102