The purpose of this study was to model health-plan member risk based on member characteristics in order to separate member risk from other utilization determinants for the use of health care services across sites of care. The approach was to build episodes of care (EOCs) by sorting one year of...

This study develops a dynamic model of bidding behaviour to investigate the Czech voucher privatization process, which took place in two waves of bidding rounds, the first in 1992 and the second in 1994. It examines the voucher mechanism from the standpoint of investors and the pricing and...

In the last forty years, inflation in the service sector has consistently exceeded inflation in the rest of the economy. This article investigates whether the observed difference in inflation rates reflects upward bias in the measurement of service prices.

Some analysts have argued that broad measures of income growth for the 1980s misrepresented how well the typical worker or household fared during this period. This article examines trends in labor force participation and compensation to explain why real wages have not kept up with aggregate...