"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. We study the effects of generic entry on prices and utilization using both event study models that exploit the differential timing of...

People everywhere are struggling to get the medicines they need -- The United States has a drug problem -- Millions of people are dying needlessly -- Cancer patients face particularly deadly barriers to medicines -- The current medicine system neglects many major diseases -- Corporate research...

We examine whether medical innovation can reinforce existing health disparities by disproportionately benefiting socioeconomically advantaged patients. The reason is that less advantaged patients often do not use new medications. This may be due to high costs of new drugs, but could also reflect...