Quantcast
Channel: MoneyScience: MoneyScience's news channel - NBER > Latest Papers
Browsing all 862 articles
Browse latest View live

Service-level Selection: Strategic Risk Selection in Medicare Advantage in...

The Centers for Medicare and Medicaid Services (CMS) has phased in the Hierarchical Condition Categories (HCC) risk adjustment model during 2004-2006 to more accurately estimate capitated payments to...

View Article



The Employer Penalty, Voluntary Compliance, and the Size Distribution of...

A new survey of 745 small businesses shows little change in the size distribution of businesses between 2012 and 2016, except among businesses with 40-74 employees, in a way that is closely related to...

View Article

The Effect of Air Pollution on Migration: Evidence from China -- by Shuai...

This paper looks at the effects of air pollution on migration in China using changes in the average strength of thermal inversions over five-year periods as a source of exogenous variation for...

View Article

Identifying Sources of Inefficiency in Health Care -- by Amitabh Chandra,...

In medicine, the reasons for variation in treatment rates across hospitals serving similar patients are not well understood. Some interpret this variation as unwarranted, and push standardization of...

View Article

The Effects of Land Markets on Resource Allocation and Agricultural...

We assess the role of land markets on factor misallocation in Ethiopia--where land is owned by the state--by exploiting policy-driven variation in land rentals across time and space arising from a...

View Article


Equity Effects in Energy Regulation -- by Carolyn Fischer, William A. Pizer

Some choices in energy regulation, particularly those that price emissions, raise household energy prices more than others. Those choices can lead to a large variation in burden both across and within...

View Article

The Rise and Fall of Local Elections in China: Theory and Empirical Evidence...

We propose a simple informational theory to explain why autocratic regimes introduce local elections. Because citizens have better information on local officials than the distant central government,...

View Article

Sovereign Risk Contagion -- by Cristina Arellano, Yan Bai, Sandra Lizarazo

We develop a theory of sovereign risk contagion based on financial links. In our multi-country model, sovereign bond spreads comove because default in one country can trigger default in other...

View Article


Probabilistic States versus Multiple Certainties: The Obstacle of Uncertainty...

We propose a new hypothesis, the Power of Certainty, to help explain agents' difficulties in making choices when there are multiple possible payoff-relevant states. In the probabilistic...

View Article


Firm-Level Political Risk: Measurement and Effects -- by Tarek A. Hassan,...

We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual US firms: the share of their quarterly earnings conference calls that they devote...

View Article

Management Quality in Public Education: Superintendent Value-Added, Student...

We present evidence about the ways that school superintendents add value in Israel's primary and middle schools. Superintendents are the CEOs of a cluster of schools with powers to affect the quality...

View Article

Measuring Global Value Chains -- by Robert C. Johnson

Recent decades have seen the emergence of global value chains (GVCs), in which production stages for individual goods are broken apart and scattered across countries. Stimulated by these developments,...

View Article

Characterizing the Drug Development Pipeline for Precision Medicines -- by...

Precision medicines - therapies that rely on genetic, epigenetic, and protein biomarkers - create a better match between individuals with specific disease subtypes and medications that are more...

View Article


Pass-Through of Input Cost Shocks Under Imperfect Competition: Evidence from...

The advent of hydraulic fracturing lead to a dramatic increase in US oil production. Due to regulatory, shipping and processing constraints, this sudden surge in domestic drilling caused an...

View Article

Bid Shading and Bidder Surplus in the U.S. Treasury Auction System -- by Ali...

We analyze bidding data from uniform price auctions of U.S. Treasury bills and notes between July 2009-October 2013. Primary dealers consistently bid higher yields compared to direct and indirect...

View Article


Missing Growth from Creative Destruction -- by Philippe Aghion, Antonin...

Statistical agencies typically impute inflation for disappearing products based on surviving products, which may result in overstated inflation and understated growth. Using U.S. Census data, we apply...

View Article

The 'China Shock', Exports and U.S. Employment: A Global Input-Output...

We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input-Output Database. We find that the growth in U.S. exports led to increased demand for 2 million...

View Article


Orphan Drug Designations as Valuable Intangible Assets for IPO Investors in...

Orphan Drug (OD) legislation has been implemented with regulatory and financial incentives to encourage drug innovation in order to treat rare diseases. This study aims to test whether OD Designations...

View Article

The Information Pharms Race and Competitive Dynamics of Precision Medicine:...

Precision medicines inherently fragment treatment populations, generating small-population markets, creating high-priced "niche busters" rather than broadly prescribed "blockbusters". It is plausible...

View Article

How Well Do Automated Methods Perform in Historical Samples? Evidence from...

New large-scale data linking projects are revolutionizing empirical social science. Outside of selected samples and tightly restricted data enclaves, little is known about the quality of these "big...

View Article
Browsing all 862 articles
Browse latest View live




Latest Images