A considerable amount of empirical research has been carried out on the economic impact of adults' health problems (e.g., Bartel and Taubman 1979; Luft 1975; Grossman and Benham 1974). A principal objective of the research has been to estimate the effects of these problems on the labor supply and...

During the 1980s the share of prescriptions sold by retail pharmacies that was accounted for by generic products roughly doubled. The price response to generic entry of brand-name products has been a source of controversy. In this paper we estimate models of price responses to generic entry in...