The study compared changes over time in health expenditures across race and ethnicity, using data from the Medical … regression-based difference-in-difference model was analysed by including interaction terms between the latter time period and …

account and budget deficit objectives and time-inconsistency arises due to lack of a sufficient number of policy instruments …. For this game I derive explicitly the time consistent and precommitment policies for the domestic fiscal authority and … explain that precommitment is welfare improving relative to the time-consistent policy. In a two-country framework, both …