Showing 1 - 10 of 48
This paper explores the economic role credit rating agencies play in the corporate bond market. We consider three existing theories about multiple ratings: information production, rating shopping and regulatory certification. Using differences in rating composition, default prediction and credit...
Persistent link: https://www.econbiz.de/10013156427
of market structure on quality of health care. The paper then moves on to consider competition in health insurance …
Persistent link: https://www.econbiz.de/10013122669
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …
Persistent link: https://www.econbiz.de/10013069806
their general online attention patterns. This conclusion has important implications for competition and welfare in other …
Persistent link: https://www.econbiz.de/10012986680
This paper studies the impact that capital market imperfections have on the natural" selection of the most efficient firms by estimating the effect of the pre-deregulation level of" leverage on the survival of trucking firms after the Carter deregulation. Highly leveraged" carriers are less...
Persistent link: https://www.econbiz.de/10013215356
straightforward empirical tests from a model of patient demand, procedure quality, and differentiated product competition. Using …
Persistent link: https://www.econbiz.de/10013222631
degree of competition in a market with the share of nonprofits: the availability of economic profits under for-profit status …
Persistent link: https://www.econbiz.de/10013224865
host-country research and development effort in response to foreign competition, is one of three examining the impact of …
Persistent link: https://www.econbiz.de/10013224894
implications of these changes for the nature and consequences of competition in health care markets. In this paper, we summarize … industry for competition, efficiency, and public policy. As will become apparent, this area offers a number of intriguing …
Persistent link: https://www.econbiz.de/10013231581
autarkies" to a nationally integrated market. I demonstrate that the results of increased competition were" what industrial …
Persistent link: https://www.econbiz.de/10013233735