La disparidad de las tasas de interés activas entre segmentos y los niveles de estas tasas con relación a las tasas de interés de los depósitos, son dos características del mercado de créditos peruano que mayor discusión generan. Para explicar las razones subyacentes, este estudio analiza...

We provide evidence showing, for the first time, that the sensitivity of real wages to the business cycle is much stronger for higher-wage workers than for lower-wage workers. Using matched employer-employee data for Portugal covering the period 1986-2021, we show that a one percentage point...

In most OECD countries, health spending has been increasing over the last decades, often surpassing GDP growth. Current challenges faced by health systems - including the COVID-19 pandemic - pose additional concerns regarding whether societies can sustain continuous health spending growth. Such...

Reference price regimes for prescription drugs are usually implemented with the aim of curbing public expenditure with pharmaceuticals, induce drug substitution from branded to generics drugs and enhance competition. In these systems, patients co-pay the difference between the drug's pharmacy...

Hospital strikes in the Portuguese National Health Service (NHS) are becoming increasingly frequent. This paper analyses the effect of different health professionals' strikes (physicians, nurses and diagnostic and therapeutic technicians - DTT) on patients’ outcomes and hospital activity....

This paper investigates firms' competitive dynamics and market power in the pharmaceutical sector. We perform two complementary analyses in the market for statins. First, we analyze how multimarket presence and contacts affect price competition. Second, we explore the effect of generic entry in...