absence of a credible regulatory agency, regulation is achieved through public ownership. …

The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service …

profession. When the good produced (e.g. health care) is imperfectly observable by the payer (e.g. health insurance), asymmetries …

This paper compares the welfare effects of three ways in which health care can be organized: no competition (NC …

Extending choice in health care is currently popular amongst English, and other, politicians. Those promoting choice … health care providers and, analogously with private markets, they will raise their game to attract business. The paper … health care. The review considers several interlocking aspects of the current English choice policy: competition between …

Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that … an increase in income on health expenditures. Our central estimate is an income elasticity of 0.7, with an elasticity of … unlikely to be substantial national or global general equilibrium effects of rising income on health spending, for example …

We argue that health care quality has an important impact on economic inequality and on saving behaviour. We exploit … district-wide variability in health care quality provided by the Italian universal public health system to identify the effect … of quality on income inequality, health inequality and precautionary saving. We find that in lower quality districts …

The determinants of the dramatically rising expenditures on health care in general, and on hospital care in particular …

One of the mechanisms that is implemented in the cost containment wave in the health-care sectors in western countries … reimbursement scheme when decisions on prices and qualities are taken simultaneously (that we relate to primary health-care sectors …) such that the first-best allocation is achieved. In contrast, some type of regulation is needed to achieve the optimal …