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Pricing Innovation in Surgical Care Markets
Chen, Alice; Freedman, Seth; Munnich, Elizabeth L.; … - National Bureau of Economic Research - 2024
Technological innovation in medical services can improve health, but its ability to reach patients often depends on price signals for downstream providers, which can also be discordant across production inputs. We examine such a context when Medicare sharply revises facility fees--while holding...
Persistent link: https://www.econbiz.de/10014544718
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Technology Entry in the Presence of Patent Thickets
Hall, Bronwyn H. - 2015
describes incentives to enter technology areas characterized by varying technological opportunity, complexity, and the potential …
Persistent link: https://www.econbiz.de/10012457213
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Alleviating Worker Shortages Through Targeted Subsidies : Evidence from Incentive Payments in Healthcare
Gandhi, Ashvin; Olenski, Andrew; Ruffini, Krista J.; … - National Bureau of Economic Research - 2024
Worker shortages are common in many industries. This paper examines the effect of government subsidies to address these shortages in the context of a reform that tied Medicaid payments to nursing home staffing levels. We find that the reform substantially increased staffing, especially for...
Persistent link: https://www.econbiz.de/10014544691
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Incentives to Vaccinate
Campos-Mercade, Pol; Meier, Armando N.; Meier, Stephan; … - National Bureau of Economic Research - 2024
Whether monetary incentives to change behavior work and how they should be structured are fundamental economic … combination of administrative and survey data. We find that guaranteed incentives of $20 increase uptake by 13 percentage points … in the short run and 9 in the long run. Guaranteed incentives are more effective than lottery-based, prosocial, or …
Persistent link: https://www.econbiz.de/10015072841
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If at First You Don't Succeed... : Profits, Prices and Market Structure in a Model of Quality with Unknowable Consumer Heterogeneity
Krishna, Kala - 2000
Why are higher quality niches seen as intrinsically more profitable in business circles? Why do high quality products sometimes have a low real price, while it is unusual to see low quality products with high real prices? Can markets have quality differentiation as well as quality bunching? In...
Persistent link: https://www.econbiz.de/10012471282
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Infant-Industry Protection Reconsidered : The Case of Informational Barriers to Entry
Grossman, Gene M. - 1987
In industries with imperfect consumer information, the lack of a reputation puts latecomers at a competitive disadvantage vis-a-vis established firms. We consider whether the existence of such informational barriers to entry provides a valid reason for temporarily protecting infant producers of...
Persistent link: https://www.econbiz.de/10012476910
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Entry Costs and the Macroeconomy
Gutiérrez, Germán - 2019
We propose a model to identify the causes of rising profits and concentration, and declining entry and investment in the US economy. Our approach combines a rich structural DSGE model with cross-sectional identification from firm and industry data. Using asset prices, our model estimates the...
Persistent link: https://www.econbiz.de/10012479562
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Flexible Production and Entry : Institutional, Technological, and Organizational Determinants
Belenzon, Sharon - 2019
Academics, the media, and policymakers have all raised concerns about the implications of human workers being replaced by machines or software. Few have discussed the implications of the reverse: firms' ability to replace capital with workers. We show that this flexibility can help new firms...
Persistent link: https://www.econbiz.de/10012479610
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Entry, Trade, and Exporting over the Cycle
Alessandria, George A. - 2019
We study how international trade and the exporting decisions of establishments affect establishment creation over the business cycle in a general equilibrium model. The model captures two key features of establishment and exporter dynamics: i) new establishments start small and grow over time...
Persistent link: https://www.econbiz.de/10012480156
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How Much of Barrier to Entry is Occupational Licensing?
Blair, Peter Q. - 2018
We exploit state variation in licensing laws to study the effect of licensing on occupational choice using a boundary discontinuity design. We find that licensing reduces equilibrium labor supply by an average of 17%-27%. The negative labor supply effects of licensing appear to be strongest for...
Persistent link: https://www.econbiz.de/10012480913