This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … from the closest hospital (monopoly segment). Compared with a benchmark case of monopoly, we find that hospital competition … hospital competition, the effect of increased competition depends on the parameter of measurement: Lower travelling costs …

contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The …

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 … to higher waiting times. These results are robust to different game-theoretic solution concepts, designs of the hospital …

result is shown to hold for pure latent factor models as well as for panel regressions with latent factors. Small sample …

this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the …

This paper extends the cross sectionally augmented panel unit root test proposed by Pesaran (2007) to the case of a … the maximum number of factors, in contrast to other panel unit root tests based on principal components that require in …

This paper considers a first-order autoregressive panel data model with individual-specific effects and a heterogeneous …

This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … from the closest hospital (monopoly segment). Compared with a benchmark case of monopoly, we find that hospital competition … hospital competition, the effect of increased competition depends on the parameter of measurement: Lower travelling costs …

This paper studies how the potential duration of unemployment benefits affects individuals' job search behavior and re … benefit duration from 12 to 15 months for recipients of age 50 to 54. Based on detailed survey data and difference …