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Measuring consumer responsiveness to medical care prices is a central issue in health economics and a key ingredient in the optimal design…
The conventional wisdom in health economics is that idiosyncratic features of the healthcare sector leave little scope for market forces to…
This paper brings a new perspective to the analysis of the Mariel supply shock, revisiting the question and the data armed with the…
The paper reviews an event of 30 years ago from the perspective of today: a successful G-5 initiative to reverse what had been a…
In recent decades the world has grown together in ways in which it had never been before. This integration is linked to a greatly expanded…
Why should developing countries buy expensive catastrophe (CAT) insurance? Abstracting from risk aversion or hedging motives, we find that…
We distinguish between three sets of rights – property rights, political rights, and civil rights – and provide a taxonomy of political…
School choice systems aspire to delink residential location and school assignments by allowing children to apply to schools outside of…
The initial hope for climate science was that an improved understanding of what the future might bring would lead to appropriate public…