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I exploit a plausibly exogenous change in hospital financial incentives to examine whether the behavior of private not-for-profit hospitals varies with the share of nearby hospitals organized as for-profit firms. My results show that not-for-profit hospitals in for-profit intensive areas are...
Persistent link: https://www.econbiz.de/10012470770
Industries in which private nonprofit production is present and significant, such as health care and education, account … 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/10012472441
This analysis provides an in-depth investigation of the determinants of pay in the nonprofit sector. The main findings are as follows. First, holding constant individual characteristics, average weekly wages are 11 percent lower in nonprofit than for-profit jobs. However, this difference is...
Persistent link: https://www.econbiz.de/10012471213
Do not-for-profit hospitals provide better care than for-profit hospitals? We compare patient outcomes in for-profit and not-for-profit hospitals between 1984 and 1994 using a new method for estimating differences across hospitals that yields far more accurate estimates of hospital quality than...
Persistent link: https://www.econbiz.de/10012471460
Need fluctuates over the business cycle. We conduct a survey revealing a desire for nonprofit activities to countercyclically expand during downturns. We then demonstrate, using comprehensive US nonprofit data drawn from millions of tax returns, that the public's hopes are disappointed....
Persistent link: https://www.econbiz.de/10012814405
assets, the threshold for insolvency. Bunching occurs despite the fact that creditors cannot force insolvent nonprofits into … revenue, and that by inflating their net assets, bunching organizations are able to increase their contribution revenue … relative to firms that report negative net assets. Charitable donors appear to use the net assets threshold as heuristic for a …
Persistent link: https://www.econbiz.de/10012480490
We present the first estimates of investment returns and distribution rates for U.S. non-profit endowment funds, based on a comprehensive sample of 29,762 organizations drawn from Internal Revenue Service filings for 2009-2017. Non-profit endowments badly underperform market benchmarks, with...
Persistent link: https://www.econbiz.de/10012480974
Politicians and regulators rely on feedback from the public when setting policies. For-profit corporations and non-pro t entities are active in this process and are arguably expected to provide independent viewpoints. Policymakers (and the public at large), however, may be unaware of the...
Persistent link: https://www.econbiz.de/10012480980
This paper examines whether the composition of medical research responds to changes in disease incidence and research opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the demographic structure of the market (measured by...
Persistent link: https://www.econbiz.de/10012464785
Conflicting theories of the nonprofit firm have existed for several decades yet empirical research has not resolved these debates, partly because the theories are not easily testable but also because empirical research generally considers organizations in isolation rather than in markets. Here...
Persistent link: https://www.econbiz.de/10012465406