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THE RESPONSE OF DRUG EXPENDITURE TO NONLINEAR CONTRACT DESIGN: EVIDENCE FROM MEDICARE PART D
MEDICARE PART D DRUG EXPENDITURE
2015/7/17
We study the demand response to nonlinear price schedules using data on
insurance contracts and prescription drug purchases in Medicare Part D. We
exploit the kink in individuals’ budgets set create...
The Impact of Market Size and Composition on Health Insurance Premiums:Evidence from the First Year of the ACA
Market Size and Composition Health Insurance Premiums:Evidence First Year of the ACA
2015/7/17
Approximately 8 million U.S. residents currently obtain private health insurance coverage through one of the marketplaces created by the Affordable Care Act (ACA).Recent research has documented consid...
THE MARKET IMPACTS OF PHARMACEUTICAL PRODUCT PATENTS IN DEVELOPING COUNTRIES:EVIDENCE FROM INDIA
MARKET IMPACTS PHARMACEUTICAL PRODUCT PATENTS DEVELOPING COUNTRIES EVIDENCE FROM INDIA
2015/7/17
In 2005, as the result of a World Trade Organization mandate, India began to implement product patents for pharmaceuticals that were compliant with the 1995 Trade-Related Aspects of Intellectual Prope...
The Evolution of Brand Preferences: Evidence from Consumer Migration
Consumer Migration Brand Preferences
2015/7/17
We study the long-run evolution of brand preferences, using new data
on consumers’ life histories and purchases of consumer packaged
goods. Variation in where consumers have lived in the past allo...
The Effect of Savings Accounts on Interpersonal Financial Relationships: Evidence from a Field Experiment in Rural Kenya
fi nancial access spillovers social insurance
2015/7/17
The welfare impact of expanding access to bank accounts depends on whether accounts crowd out pre-existing financial relationships, or whether private gains from accounts are shared within socia...
How has tax affected the changing cost of R&D?Evidence from eight countries
Tax credits R&D cost of capital
2015/7/15
This paper describes the evolution of the tax treatment of investment in R&D in Australia, Canada, France, Great Britain, Germany, Italy, Japan and the USA between 1979 and 1994. Estimates of the cost...
Do R&D tax credits work?Evidence from a panel of countries 1979–1997
Tax credits R&D Panel data Tax competition
2015/7/15
This paper examines the impact of fiscal incentives on the level of R&D investment. An econometric model of R&D investment is estimated using a new panel of data on tax changes and R&D spending in nin...
The Impact of Competition on Management Quality:Evidence from Public Hospitals
Management Hospitals Competition Productivity
2015/7/15
We analyse the causal impact of competition on managerial quality and hospital performance. To address the endogeneity of market structure we analyse the English public hospital sector where entry and...
DOES WORKING FROM HOME WORK? EVIDENCE FROM A CHINESE EXPERIMENT
HOME WORK CHINESE EXPERIMENT
2015/7/15
A rising share of employees now regularly engage in working from home (WFH), but there are concerns this can lead to “shirking from home.”We report the results of a WFH experiment at Ctrip, a 16,000-e...
Economic Evidence in Antitrust: Defining Markets and Measuring Market Power
Economic Evidence Defining Markets Measuring Market Power
2015/7/15
Antitrust law, policy, and practice are the product of a long and fruitful interdisciplinary collaboration between law and economics. Our chapter addresses an important aspect of that collaboration: t...
MILLIONAIRE MIGRATION AND STATE TAXATION OF TOP INCOMES: EVIDENCE FROM A NATURAL EXPERIMENT
state income tax top earners migration
2015/6/23
This paper examines the migration response to a millionaire tax in New Jersey,
which raised its income tax rate on top earners by 2.6 percentage points to 8.97
percent, one of the highest tax rate...
Why Do Inventors Sell to Patent Trolls?Experimental Evidence for the Asymmetry Hypothesis
Sell to Patent Trolls the Asymmetry Hypothesis
2015/6/9
Why do individual patent holders assign their patents to “trolls” rather than license their technologies directly to manufacturers or assert them through litigation? We explore the hypothesis that an ...
Price volatility spillovers among agricultural commodity and crude oil markets: Evidence from the range-based estimator
agricultural commodity market financial crisis of 2008–2009 futures markets historical price volatility intra-day data
2015/6/8
The paper examines the price volatility spillovers among the crude oil, soybeans, corn, wheat, and sugar futures markets over the period 1/1/2006–11/29/2013. We separately investigate the periods of t...
The Consequences of Labor Market Flexibility:Panel Evidence Based on Survey Data
Job security provisions Subjective data Employment Unemployment
2015/5/14
We introduce a new data set on hiring and 2ring restrictions for 21 OECD countries for the period 1984 –1990. The data are based on surveys of business people in the countries covered,so the indices w...
The Flattening Firm:Evidence from Panel Data on the Changing Nature of Corporate Hierarchies
Geographic Location Change Business Ventures Compensation and Benefits Rank and Position
2015/5/14
Using a detailed database of managerial job descriptions, reporting relationships, and compensation structures in over 300 large U.S. firms, we find that firm hierarchies are becoming flatter. The num...