Preliminary and incomplete—do not circulate, quote or cite

Preliminary*and*incomplete.*do*not*cite*or*circulate*without*permission* * 0* * Healthcare Exceptionalism? Productivity and Allocation in the U.s. Healthcare Sector + * Preliminary*and*incomplete.*do*not*cite*or*circulate*without*permission* * 1* *

The conventional wisdom in health economics is that large differences in average productivity across hospitals are the result of idiosyncratic institutional features of the healthcare sector which dull the role of market forces that exists in other sectors. Strikingly, however, productivity dispersion across hospitals is, if anything, smaller than in narrowly defined manufacturing industries su...

PRELIMINARY AND INCOMPLETE: PLEASE DO NOT CITE OR CIRCULATE Why Do Firms Participate in Voluntary Environmental Programs?: The Case of DOE’s Greenhouse Gas Reporting Program

The All-pay Auction with Independent Private Values

In the independent private values setting, we provide sufficient conditions for the continuity and uniqueness of the allpay auction equilibrium. We also provide an algorithm to compute the equilibrium. Preliminary and incomplete. Please, do not cite or quote without permission.

Alternative Gmm Methods for Nonlinear Panel Data Models: Asymptotic Eeciency versus Small Sample Performance

Preliminary draft, comments welcome (Please do not quote or circulate without permission of the authors)

PRELIMINARY AND INCOMPLETE. DO NOT CITE OR CIRCULATE WITHOUT AUTHORS’ PERMISSION Judge Specific Differences in Chapter 11 and Firm Outcomes

This paper uses case information on Chapter 11 filings for almost 5000 private companies across five district courts in the US between 1989 and 2004. We first establish that within districts cases are assigned randomly to judges, which allows us to estimate judge specific fixed effects in their Chapter 11 rulings. We find very strong and economically significant differences across judges in the...