whether it was a move toward economic efficiency using data from Massachusetts. Medicaid spending will fall, but only a modest … amount ($0.1 billion). The efficiency issue turns mainly on the treatment of health benefits from reduced smoking induced by … the settlement. We conclude that the settlement was a move towards economic efficiency …

One of the benefits commonly claimed for expanded public health insurance is improved efficiency of medical care …

This paper measures for the first time the economic efficiency effects of the taxation of wireless services, which are … thereby suppress demand for service, imposing an efficiency loss on the economy of $0.53 for every $1 currently raised in … taxes. Prospective taxes will impose an efficiency loss of $0.72-$1.14 per additional dollar of tax revenue raised …

for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed … welfare function, does not reward equality per se. Simulations using empirical parameter estimates show that the efficiency …

economic efficiency and that fighting bribery would be counter-productive. This need not be the case. In a general equilibrium … to the efficient grease' theory, we find that firms that pay more bribes are also likely to spend more, not less …