Prescription drug coverage creates a change in medical care consumption, beyond standard moral hazard, arising both from the differential cost-sharing and the relative effectiveness of different types of care. We model the dynamic supplemental health insurance decisions of Medicare...

This research explores the medical care consumption and absenteeism decisions of employed individuals with acute illnesses in an effort to better understand health care behavior. Using data from the 1987 National Medical Expenditure Survey, the author estimates the structural parameters of an...

In a typical economics principles course, students encounter a large number of concepts. In a literacy-targeted course, students study a “short list” of concepts that they can use for the rest of their lives. While a literacy-targeted principles course provides better education for...

Individual smoking behavior persists over time, but is this repeated behavior attributed to past use or individual heterogeneity? Using longitudinal data on teens from all 50 United States from 1988 to 1992, we find a significant causal role for endogenous past cigarette consumption even after...

We estimate the impact of employer-provided health insurance (EPHI) on the job mobility of males over time using a dynamic empirical model that accounts for unobserved heterogeneity. Previous studies of job-lock reach different conclusions about possible distortions in labor mobility stemming...