framework. Patients differ in severity within a DRG. Providers are to some extent altruistic. For low altruism, a downward … spiral of prices is possible which induces hospitals to focus on low-severity cases. For high altruism, dynamic price … adjustment depends on relation between patients' severity and benefit. In a steady state, DRG prices are unlikely to give optimal …

Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive …

-level data on thousands of respondents in Understanding Society, the UK’s largest household survey, which includes the EU … fallacy. In addition, we show that prediction accuracy is geographically heterogeneous across UK regions, with strongly pro …

acquiring firms. We use data for UK publicly-listed firms from 2004 to 2017 and employ a matching estimator combined with …

This chapter looks at the UK's privatisation experiment, which began from the late 1970s. It considers the background … to the UK's privatisations, which industries were privatised and how, and summarises the results of studies of … performance changes in privatised companies in the UK. It looks at the relative roles of competition, regulation and ownership …