This paper analyzes the consequences of parallel trade on health care systems in a two-country model with a vertical distributor relationship. In particular, two cost-sharing systems coinsurance and indemnity insurance are compared with respect to changes in copayments and public health...

This paper integrates imperfect self-control into the standard model of endogenous growth. Individuals are conceptualized as “dual-selves” consisting of a long-run planner and a short-run doer. The long-run self can partly control the short-run self's strife for immediate gratification. It...