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The long run price elasticity of healthcare spending is critically important to estimating the cost of provision. However, temporary randomized controlled trials may be confounded by transitory effects. This paper shows evidence of a "deadline effect" - a spike in spending in the final year of...
Persistent link: https://www.econbiz.de/10012012882
Economic theory predicts that monopsonistic employers suppress wages below the marginal product of labour. We measure local labour market (LLM) concentration in Ireland from 2008 to 2019 using an employment share HerfindahlHirschmann Index (HHI), a proxy for monopsony power. LLM concentration in...
Persistent link: https://www.econbiz.de/10014246820
Persistent link: https://www.econbiz.de/10014306831