_____________________________________________________________________ We ask whether the objective of egalitarian allocation of a merit good could be achieved by making the good available at multiple outlets charging different money and time prices. Differential pricing could separate high and low wage buyers across outlets, and proportional allocation of supply could ensure that consumption is...

This paper estimates the long-run effects of childhood Medicaid eligibility on adult health and economic outcomes using program’s original introduction ( 1966–1970) its mandated coverage welfare recipients. The design compares cohorts born in different years relative to implementation, states with preexisting welfare-based eligibility. Early reduces mortality disability, increases employment, r...

We study the effect of privatizing Medicaid drug benefits on prices and utilization. Drug spending would decrease by 21.3 percent if private insurers administered all benefits. One-third is driven insurers’ ability to negotiate with pharmacies. The remaining two-thirds greater use lower cost drugs, such as generics, only realized in states that give flexibility design Privatization does not red...

Recent evaluations of the impact of Turkish healthcare reforms on the efficiency of public hospitals suffer from simultaneous structural changes in the healthcare sector as well as from lack of data on some of the key ingredients of the reform. In this note, we analyze the major obstacles in a fair evaluation of the efficiency of public hospitals taking Sulku(2011)’s data envelopment analysis a...

Motivated by the effects of COVID-19 pandemic, we present a theory Keynesian supply shocks: shocks that reduce potential output in sector economy, but that, reducing demand other sectors, ultimately push aggregate activity below potential. A shock is more likely when elasticity substitution between sectors relatively low, intertemporal high, and markets are incomplete. Fiscal policy can display...