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Cost-Sharing in Medical Care Can Increase Adult Mortality : Evidence from Colombia
Buitrago, Giancarlo; Amaya-Nieto, Javier; Miller, Grant; … - National Bureau of Economic Research - 2023
There is substantial evidence that cost-sharing in medical care constrains total health spending. However, there is relatively little (and unclear) evidence on its health effects, particularly in low- and middle-income countries. This paper re-evaluates the link between outpatient cost-sharing...
Persistent link: https://www.econbiz.de/10014437039
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Dynastic Management
Caselli, Francesco - 2003
Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms …. It is pervasive around the World, but especially in developing countries. We argue that dynastic management is a … incidence of dynastic management depends on the severity of asset-market imperfections, on the economy's saving rate, and on the …
Persistent link: https://www.econbiz.de/10012469259
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Matching Firms, Managers and Incentives
Bandiera, Oriana - 2011
. The data includes manager characteristics, such as risk aversion and talent; firm characteristics, such as ownership …
Persistent link: https://www.econbiz.de/10012461966
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State Versus Private Ownership
Shleifer, Andrei - 1998
Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … addressed through government contacting and regulation without resort to government ownership. The case for private provision …
Persistent link: https://www.econbiz.de/10012472146
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Property Rights to Frontier Land and Minerals : US Exceptionalism
Libecap, Gary D. - 2018
over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence …
Persistent link: https://www.econbiz.de/10012453172
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Religious Competition and Reallocation : The Political Economy of Secularization in the Protestant Reformation
Cantoni, Davide - 2017
Using novel microdata, we document an unintended, first-order consequence of the Protestant Reformation: a massive reallocation of resources from religious to secular purposes. To understand this process, we propose a conceptual framework in which the introduction of religious competition shifts...
Persistent link: https://www.econbiz.de/10012453780
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Hold-up, Asset Ownership, and Reference Points
Hart, Oliver - 2007
cooperation. We show that a judicious allocation of asset ownership can help by reducing the incentives to engage in hold up. In …
Persistent link: https://www.econbiz.de/10012465106
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How Large Is the Housing Wealth Effect? A New Approach
Carroll, Christopher D. - 2006
This paper presents a simple new method for estimating the size of 'wealth effects' on aggregate consumption. The method exploits the well-documented sluggishness of consumption growth (often interpreted as 'habits' in the asset pricing literature) to distinguish between short-run and long-run...
Persistent link: https://www.econbiz.de/10012465914
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Real and Private-Value Assets
Goetzmann, William N.; Spaenjers, Christophe; … - National Bureau of Economic Research - 2021
Real and private-value assets--defined here as the sum of real estate, infrastructure, collectibles, and non-corporate business equity--is an investment class worth an estimated $85 trillion in the U.S. alone. Furthermore, private values can affect pricing in many other financial markets, such...
Persistent link: https://www.econbiz.de/10012496134
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On the Ends of the State : Stationary Bandits and the Time Horizon in Eastern Congo
Henn, Soeren J.; Mugaruka, Christian M.; Ortiz, Miguel; … - National Bureau of Economic Research - 2021
We show that armed actors refrain from using their power to arbitrarily steal from an economy if, and only if, the armed actors' property rights over stealing from that economy are secure. By 2009, armed actors taxed, administered, and protected various villages in Democratic Republic of the...
Persistent link: https://www.econbiz.de/10012510510