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The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation
Kuminoff, Nicolai V. - 2010
influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are …
Persistent link: https://www.econbiz.de/10012462307
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Why Do Inventories Rise When Demand Falls in Housing and Other Markets?
Lazear, Edward P. - 2010
Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build in low demand markets and shrink in high demand markets. This is a puzzle. Symmetry of information among buyers and sellers would seem to imply that sellers would change their...
Persistent link: https://www.econbiz.de/10012462772
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Demand Estimation Under Incomplete Product Availability
Conlon, Christopher T. - 2008
Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system installed on 54 vending machines to track product availability every four hours. The data allow us to...
Persistent link: https://www.econbiz.de/10012464336
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Optimal Drug Policy in Low-Income Neighborhoods
Chang, Sheng-Wen - 2002
demand- versus supply-side drug policies. This paper is motivated by the relative lack of research providing formal economic … potential government objectives are considered. We find that both demand- and supply-side policies have theoretical support … under different community conditions. While the demand-side policy discourages active drug sellers, the supply-side policy …
Persistent link: https://www.econbiz.de/10012469461
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The Geography of Linguistic Diversity and the Provision of Public Goods
Desmet, Klaus - 2018
This paper analyzes the importance of local interaction between individuals of different linguistic groups for the provision of public goods at the national level. The micro-founded conceptual framework we develop predicts that a country's public goods (i) decrease in its overall linguistic...
Persistent link: https://www.econbiz.de/10012453026
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Fuel Tax Incidence and Supply Conditions
Marion, Justin - 2011
constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including … variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is … supply disruptions such as after major hurricanes …
Persistent link: https://www.econbiz.de/10012461795
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Vaccine Allocation Priorities Using Disease Surveillance and Economic Data
Malani, Anup; Soman, Satej; Ramachandran, Sabareesh; … - National Bureau of Economic Research - 2022
Vaccination is a critical tool, along with suppression and treatment, for controlling epidemics such as SARS-CoV-2. To maximize the impact of vaccination, doses should be allocated to the highest value targets, accounting for health and potential economic benefits. We examine what allocation...
Persistent link: https://www.econbiz.de/10012814457
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Lobbying Physicians : Payments from Industry and Hospital Procurement of Medical Devices
Bergman, Alon; Grennan, Matthew; Swanson, Ashley - National Bureau of Economic Research - 2021
We draw upon newly merged administrative data sets to study the relationship between payments from medical technology firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them) may facilitate the transfer of valuable information to...
Persistent link: https://www.econbiz.de/10012794611
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Misallocation in the Market for Inputs : Enforcement and the Organization of Production
Boehm, Johannes - 2018
The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with weaker enforcement. Specifically, we document that in...
Persistent link: https://www.econbiz.de/10012480592
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Procurement Contracting with Time Incentives : Theory and Evidence
Bajari, Patrick - 2009
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading example is highway construction, where slow completion times inflict a negative externality on commuters. Recently, highway departments have introduced innovative contracting methods...
Persistent link: https://www.econbiz.de/10012463793