Crossley, Thomas F.; Grootendorst, Paul; Korkmaz, Sule; … - Department of Economics, McMaster University - 2000
Between 1970 and 1986 all Canadian provinces introduced some version of a prescription drug subsidy for those age 65 or over and since 1986, all the provinces have increased copayments or deductibles to some degree. Employing a first-order approximation to the welfare gains from a subsidy, we...