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Introducing Activity-Based Payment in the Hospital Industry : Evidence from French Data

Choné, Philippe - 2013

Many countries have reformed hospital reimbursement policies to provide stronger incentives for quality and cost reduction. The purpose of this work is to understand how the effect of such reforms depends on the intensity of local competition. We build a nonprice competition model to examine the...

Persistent link: https://www.econbiz.de/10013079372

Heckscher-Ohlin Theory When Countries Have Different Technologies

Fisher, Eric O'Neill - 2010

Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign...

Persistent link: https://www.econbiz.de/10013141086

Business Cycle Effects of Credit and Technology Shocks in a DSGE Model with Firm Defaults

Pesaran, M. Hashem - 2011

This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … different realizations of firm specific technology shocks, possibly leading to default by some firms. The paper advances a new … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined …

Persistent link: https://www.econbiz.de/10013119521

Technology Shocks and Aggregate Fluctuations in an Estimated Hybrid RBC Model

Malley, Jim - 2009

technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov …

Persistent link: https://www.econbiz.de/10013160381

Timing of Technology Adoption and Product Market Competition

Milliou, Chrysovalantou; Petrakēs, Emmanuēl - 2021

This paper examines how product market competition affects firms’ timing of adopting a new technology as well as …

Persistent link: https://www.econbiz.de/10013316352

Estimated U.S. Manufacturing Production Capital and Technology Based on an Estimated Dynamic Economic Model

Chen, Baoline; Zadrozny, Peter A. - 2021

Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except … of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total …

Persistent link: https://www.econbiz.de/10013318283

Financial Development and Inequality in the Global Economy

von Ehrlich, Maximilian - 2016

We build a heterogeneous-firms model with firm-specific wages and credit frictions to study the role of financial development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage inequality and unemployment. In contrast, if there are...

Persistent link: https://www.econbiz.de/10012996265

Inequality, Structure of Production and International Trade – The Role of Credit Market Imperfection

Beladi, Hamid - 2017

Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the conventional way. A Ricardian general equilibrium framework with heterogeneous levels of asset ownership is developed to show that more equal asset distribution may contract...

Persistent link: https://www.econbiz.de/10012962668

Shipping inside the Box : Containerization and Trade

Cosar, Kerem - 2017

We quantify the effect of container technology on transport costs and trade by estimating the modal choice between …

Persistent link: https://www.econbiz.de/10012962671

The Impact of Monetary Strategies on Inflation Persistence

Kočenda, Evžen - 2017

We analyze the impact of price stability-oriented monetary strategies (inflation targeting — IT — and constraining exchange rate arrangements) on inflation persistence using a time-varying coefficients framework in a panel of 68 countries (1993–2013). We show that explicit IT has a...

Persistent link: https://www.econbiz.de/10012962672