In 2010, the world’s focus on the global financial crisis shiftedfrom financial markets and institutions to sovereign debt, especially inEurope. This has motivated a re-examination of techniques andtraditional indicators to assess the health of individual countries.Since the potential...

The first essay uses a model of profit-maximizing hospitals to examine hospital responses to global budgeting in the forms of dumping and cost shifting. The main findings include: (1) Hospitals dump insured patients when the covered services are priced under costs. Whetherthe budget target is...

The first essay uses a model of profit-maximizing hospitals to examine hospital responses to global budgeting in the forms of dumping and cost shifting. The main findings include: (1) Hospitals dump insured patients when the covered services are priced under costs. Whetherthe budget target is...