Increased health care spending has placed pressure on public and private payers to prioritize spending. Cost …

help explain these variations, we devise a general test for misallocation in input choices - the underuse of effective … is spent, rather than how much money is spent, is central to understanding productivity differences both in health care …

behavior, and patient health. Every dollar Medicare spent on monitoring generated $24-29 in government savings. The majority of … the health of the marginal patient is harmed, indicating that monitoring primarily deters low-value care. Monitoring does …

encountered often in health and other applications. The paper's main motivation is that the applied econometrics literature lacks …

The public health care systems in the Nordic countries provide high quality care almost free of charge to all citizens …. However, social inequalities in health persist. Previous research has, for example, documented substantial educational …

We present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely used assumption … that individuals can adjust their health stock instantaneously to an “optimal” level without adjustment costs. The Grossman … model then predicts the existence of a health threshold above which individuals do not demand medical care. Our generalized …