Showing 1 - 10 of 95
reduced charge prices by 3.9% (which corresponds to savings of $1,164 per hospital stay) but also diminished negotiated prices … by 15.9% and hospital costs by 4.7%. Our estimation results show that the effects on charge prices do not last as long as … negotiated prices, while low-price hospitals increase charges; (2) hospital characteristics such as ownership, case mix, and …
Persistent link: https://www.econbiz.de/10012643545
Many countries have reformed hospital reimbursement policies to provide stronger incentives for quality and cost …
Persistent link: https://www.econbiz.de/10009765047
the German birth statistics 1996 to 2010 and German hospital data from 2006 to 2011, we estimate that since the …
Persistent link: https://www.econbiz.de/10009772916
, we introduce a Stackelberg game where the hospital is the leader and the care institution is the follower. The reform …
Persistent link: https://www.econbiz.de/10011551043
Using firm-level survey data from Germany, this paper asks how do supply constraints propagate monetary policy shocks? To answer this question, we first offer a general discussion on the measurement of supply constraints. We show that capacity utilization, a widely accepted measure of...
Persistent link: https://www.econbiz.de/10013540705
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10009691666
In a standard New Keynesian model, a myopic central bank concerned with stabilizing inflation and changes in the output gap will implement a policy under discretion that replicates the optimal, timeless perspective, precommitment policy. By stabilizing output gap changes, the central bank...
Persistent link: https://www.econbiz.de/10011408406
In this paper, an Unobserved Components Model is employed to decompose German real GDP into the trend, cycle and seasonal components and the working day effect. The most important findings are: 1) The growth rate of potential output declined from 4.2 per cent in the sixties to 1.4 per cent at...
Persistent link: https://www.econbiz.de/10011409368
This paper analyses an open economy Ramsey model with an endogenous labour supply without capital. The technology defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is determined endogenously. We find that there is a short run...
Persistent link: https://www.econbiz.de/10011409812
From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...
Persistent link: https://www.econbiz.de/10008797779