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Information Frictions and Adverse Selection : Policy Interventions in Health Insurance Markets
Handel, Benjamin R. - 2015
A large literature has analyzed pricing inefficiencies in health insurance markets due to adverse selection, typically assuming informed, active consumers on the demand side of the market. However, recent evidence suggests that many consumers have information frictions that lead to suboptimal...
Persistent link: https://www.econbiz.de/10013009862
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Trade, Wages, and Profits
Egger, Hartmut - 2012
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10013101194
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Consumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation
Fiocco, Raffaele - 2014
Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by mitigating ratchet effects associated with short term contracting. A pure consumer standard alleviates the regulator's myopic temptation to raise output after learning the firm is...
Persistent link: https://www.econbiz.de/10013054025
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Health Insurance and Diversity of Treatment : A Policy Mix Perspective
Bardey, David - 2013
We determine the optimal health policy mix when the average utility of patients increases with the supply of drugs available in a therapeutic class. Health risk coverage rely on two instruments, copayment and reference pricing, that affect the supported risk composed by health expenses and...
Persistent link: https://www.econbiz.de/10013086413
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The Healthy Immigrant Paradox and Health Convergence
Constant, Amelie F. - 2017
The health status of people is a precious commodity and central to economic, socio-political, and environmental dimensions of any country. Yet it is often the missing statistic in all general statistics, demographics, and presentations about the portrait of immigrants and natives. In this paper...
Persistent link: https://www.econbiz.de/10012943173
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Individual Investments in Education and Health : Policy Responses and Interactions
Carbone, Jared C. - 2016
Empirical studies show that years of schooling are positively correlated with good health. The implication may go from education to health, from health to education, or from factors that influence both variables. We formalize a model that determines an individual's demand for knowledge and...
Persistent link: https://www.econbiz.de/10012978378
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Fiscal Policies and Business Cycles in an Enlarged Euro Area
Staehr, Karsten - 2008
This paper compares the cyclical properties of fiscal policies across the 12 original eurozone countries and the future members from Central and Eastern Europe. For the sample period 1995-2005, the fiscal balance exhibits less inertia and is more counter-cyclical in Central and Eastern European...
Persistent link: https://www.econbiz.de/10012773620
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Did Austerity Cause Brexit?
Fetzer, Thiemo - 2018
the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with … specific welfare reforms as well as broader measures of political preferences. The results suggest that the EU referendum could …
Persistent link: https://www.econbiz.de/10012910997
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Voting in the European Union - Central Europe's Lost Voice
Schneider, Ondrej - 2008
EU's total population; and even though their economic output is much lower, it rises dynamically. New members' impact on … the EU policies has nevertheless been limited. This is due not only to the arcane voting rules within the EU, but also to … together and that their influence is thus fairly limited. We argue that as the EU seemingly lacks energy to implement further …
Persistent link: https://www.econbiz.de/10012768535
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Labour Market Institutions and Their Effect on Labour Market Performance in the New EU Member Countries
Fialová, Kamila - 2008
early 2000's both in quot;oldquot; and quot;newquot; EU member states. We estimate effects of labour market institutions on …;oldquot; and quot;newquot; EU members …
Persistent link: https://www.econbiz.de/10012769662