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The United States spends twice as much per person on pharmaceuticals as European countries, in large part because … reference countries. We estimate a structural model of demand and supply for pharmaceuticals in the US and reference countries …
Persistent link: https://www.econbiz.de/10013210081
prescription pharmaceuticals dispensed in hospitals, physician/clinic outpatient facilities, and nursing homes. Thus the CPI …-Rx overlooks the increasingly important specialty pharmaceuticals dispensed in hospitals, outpatient clinics, and physician offices … drug growth differs from that of traditional pharmaceuticals, the CPI-Rx could provide an inaccurate measure of overall …
Persistent link: https://www.econbiz.de/10013388804
We analyze the financial performance of a hypothetical portfolio of 120 mRNA vaccine candidates in the preclinical stage targeting 11 emerging infectious diseases. We calibrate the simulation parameters with input from domain experts in mRNA technology and an extensive literature review. We find...
Persistent link: https://www.econbiz.de/10013334345
ordinary least squares, instrumental variables estimates based on the notch suggest that lower-income retirees exhibit … considerable income sensitivity in their use of prescription drugs. Our estimates are potentially useful for thinking about the …
Persistent link: https://www.econbiz.de/10012467619
Security income in retirement is a safer source ofincome than earnings earlier in life. The fully adjusted total income …This paper compares the well-being of the Retirement History Survey of the elderly with their own previous levels of … income and economic welfare. Traditional replacement rates are calculated, although a number of shortcomings of such measures …
Persistent link: https://www.econbiz.de/10012477730
Social Security retirement benefits can be claimed at any age between 62 and 70, with delayed claiming resulting in … and Retirement study, we show that individuals who turned 62 after 2000 are indeed more likely to delay than those who …
Persistent link: https://www.econbiz.de/10012459291
Social Security benefits may be commenced at any time between ages 62 and 70. As individuals who claim later can, on average, expect to receive benefits for a shorter period, an actuarial adjustment is made to the monthly benefit to reflect the age at which benefits are claimed. In earlier work...
Persistent link: https://www.econbiz.de/10012460451
We study the effect of price caps on the provision of costly effort by pharmaceutical firms using variation in drug discounts generated by a price regulation program that allows eligible hospitals to purchase outpatient drugs at steep discounts. These discounts directly affect drug...
Persistent link: https://www.econbiz.de/10014512103
expenditures using individual-level data from the 2006-2018 waves of the Health and Retirement Study (HRS) merged with PDP market …
Persistent link: https://www.econbiz.de/10014512121
In theory, equilibrium profits for drug patent holders would not involve significant restraints on production and patient utilization if the market had a mechanism for two-part pricing (Oi 1971) or quantity commitments (Murphy, Snyder, and Topel 2014). In fact, patent expiration has little...
Persistent link: https://www.econbiz.de/10013334448