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Medicare's prospective payment system for hospitals: new evidence on transitions among health care settings

Qian, Xufeng; Russell, Louise B.; Valiyeva, Elmira; … - 2007

Previous studies of Medicare’s prospective payment system for hospitals (PPS), introduced in 1983, evaluated only its first few years, using data collected during the hospital stay to control for patients’ health. We examine transitions among health care settings over a full decade following...

Persistent link: https://www.econbiz.de/10010276446

Financial transactions taxes

Shome, Parthasarathi - 2011

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on stocks and derivatives, currency transactions, and tangible property. Most of the discussion...

Persistent link: https://www.econbiz.de/10011807660

Autarkic Policy and Efficiency in the Spanish Industrial Sector.An Estimate of Domestic Resource Cost in 1958

Martínez Ruiz, Elena - London School of Economics and Political Science - 2003

classified according their relative efficiency, it can be interpreted as an indicator of comparative advantage. Our results … significant loss of efficiency for the economy, such that only 50 out of 125 industries, accounting for 39 percent of the Spanish … the verge of relative efficiency.[...] …

Persistent link: https://www.econbiz.de/10005870595

Efficiency among Private Railway Companies in a weakly Regulated System: The Case of Britain’s Railways in 1893-1912

Mulatu, Abay; Crafts, Nicholas F. R. - London School of Economics and Political Science - 2005

This paper uses a stochastic cost frontier model to investigate the efficiency of Britain’s private railways during the … that private ownership per se is not sufficient to promote efficiency in the railway industry; it should be supported by …

Persistent link: https://www.econbiz.de/10005870948

Is Privatization Enough? Finding Performance Breaks for UK Power Plants

Triebs, Thomas P.; Pollitt, Michael G. - Judge Business School <Cambridge> - 2010

than privatization itself. We ask what changes around privatization had the greatest impact on efficiency for UK … electricity generators. We analyse the effects of privatization and other changes in incentives on plant efficiency using a newly … compiled unbalanced panel of about 60 plants for the years 1980 to 2004. We measure efficiency as input demands for two …

Persistent link: https://www.econbiz.de/10009354096

The Evolution of Ownership, Control, and Performance in German Family-owned Firms

Ehrhardt, Olaf; Nowak, Eric; Weber, Felix-Michael - Institut für Schweizerisches Bankwesen <Zürich> - 2006

In this study we analyze the evolution of ownership, control, and performance in German founding-family-owned firms over the last century. We begin by identifying German family-owned stock companies (Aktiengesellschaften) founded before World War I and still in existence in 2003 with sales...

Persistent link: https://www.econbiz.de/10005858373

An Efficient Nonparametric Estimator for Models with Nonlinear Dependence

Gagliardini, Patrick; Gouriérou, Christian - Institut für Schweizerisches Bankwesen <Zürich> - 2005

and an unconstrained kernel estimator of the density. We derive the nonparametric efficiency bound for linear forms and …

Persistent link: https://www.econbiz.de/10005858519

Constrained nonparametric dependence with application in finance and insurance

Gagliardini, Patrick; Gourieroux, Christian - Institut für Schweizerisches Bankwesen <Zürich>; … - 2004

isobtained. Finally we derive the nonparametric efficiency bound for linear func-tionals and show that the minimum chi …

Persistent link: https://www.econbiz.de/10005858851

International Price and Earnings Momentum

Leippold, Markus; Lohre, Harald - National Centre of Competence in ResearchFinancial … - 2008

We find that price and earnings momentum are pervasive features of international equitymarkets when controlling for data snooping biases. For European countries, we find that pricemomentum is subsumed by earnings momentum on an aggregate level. However, this rationaledoes not apply to each and...

Persistent link: https://www.econbiz.de/10005868982

Does the shadow economy raise observed aggregate efficiency? A cross-country comparison

Méon, Pierre-Guillaume; Schneider, Friedrich G.; … - 2006

We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this … only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the …

Persistent link: https://www.econbiz.de/10010294534