Moral Hazard in Health Insurance

Download Moral Hazard in Health Insurance PDF Online Free

Author :
Publisher : Columbia University Press
ISBN 13 : 0231538685
Total Pages : 161 pages
Book Rating : 4.2/5 (315 download)

DOWNLOAD NOW!


Book Synopsis Moral Hazard in Health Insurance by : Amy Finkelstein

Download or read book Moral Hazard in Health Insurance written by Amy Finkelstein and published by Columbia University Press. This book was released on 2014-12-02 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the challenge of covering heath care expenses—while minimizing economic risks. Moral hazard—the tendency to change behavior when the cost of that behavior will be borne by others—is a particularly tricky question when considering health care. Kenneth J. Arrow’s seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and Amy Finkelstein—recognized as one of the world’s foremost experts on the topic—here examines this issue in the context of contemporary American health care policy. Drawing on research from both the original RAND Health Insurance Experiment and her own research, including a 2008 Health Insurance Experiment in Oregon, Finkelstein presents compelling evidence that health insurance does indeed affect medical spending and encourages policy solutions that acknowledge and account for this. The volume also features commentaries and insights from other renowned economists, including an introduction by Joseph P. Newhouse that provides context for the discussion, a commentary from Jonathan Gruber that considers provider-side moral hazard, and reflections from Joseph E. Stiglitz and Kenneth J. Arrow. “Reads like a fireside chat among a group of distinguished, articulate health economists.” —Choice

Capital and Credit

Download Capital and Credit PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521466387
Total Pages : 228 pages
Book Rating : 4.4/5 (663 download)

DOWNLOAD NOW!


Book Synopsis Capital and Credit by : Michio Morishima

Download or read book Capital and Credit written by Michio Morishima and published by Cambridge University Press. This book was released on 1994-03-25 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which assumes a given or shifting production function, and in turn cannot therefore deal with the fundamental problem of growth, namely how the production function is derived. Thus traditional theories have a common weakness in that they divorce real economic growth from the activities of the financial sector. This book provides a much-needed synthesis of growth theory and monetary theory. Professor Morishima draws on the work of Schumpeter, Keynes and the pre-war neoclassical economists to formulate a capital-theoretic general equilibrium theory.

The Global Trade Slowdown

Download The Global Trade Slowdown PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498399134
Total Pages : 44 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Global Trade Slowdown by : Cristina Constantinescu

Download or read book The Global Trade Slowdown written by Cristina Constantinescu and published by International Monetary Fund. This book was released on 2015-01-21 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Swing Pricing and Fragility in Open-end Mutual Funds

Download Swing Pricing and Fragility in Open-end Mutual Funds PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513519492
Total Pages : 46 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Swing Pricing and Fragility in Open-end Mutual Funds by : Dunhong Jin

Download or read book Swing Pricing and Fragility in Open-end Mutual Funds written by Dunhong Jin and published by International Monetary Fund. This book was released on 2019-11-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds’ net asset values to pass on funds’ trading costs to transacting shareholders. Using unique data on investor transactions in U.K. corporate bond funds, we show that swing pricing eliminates the first-mover advantage arising from the traditional pricing rule and significantly reduces redemptions during stress periods. The positive impact of alternative pricing rules on fund flows reverses in calm periods when costs associated with higher tracking error dominate the pricing effect.

Scarcity and Growth

Download Scarcity and Growth PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135989176
Total Pages : 264 pages
Book Rating : 4.1/5 (359 download)

DOWNLOAD NOW!


Book Synopsis Scarcity and Growth by : Harold J. Barnett

Download or read book Scarcity and Growth written by Harold J. Barnett and published by Routledge. This book was released on 2013-10-18 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963

Optimal Unemployment Insurance

Download Optimal Unemployment Insurance PDF Online Free

Author :
Publisher : Mohr Siebeck
ISBN 13 : 9783161493041
Total Pages : 204 pages
Book Rating : 4.4/5 (93 download)

DOWNLOAD NOW!


Book Synopsis Optimal Unemployment Insurance by : Andreas Pollak

Download or read book Optimal Unemployment Insurance written by Andreas Pollak and published by Mohr Siebeck. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

The World Bank Research Observer

Download The World Bank Research Observer PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!


Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hedge Fund Activism

Download Hedge Fund Activism PDF Online Free

Author :
Publisher : Now Publishers Inc
ISBN 13 : 1601983387
Total Pages : 76 pages
Book Rating : 4.6/5 (19 download)

DOWNLOAD NOW!


Book Synopsis Hedge Fund Activism by : Alon Brav

Download or read book Hedge Fund Activism written by Alon Brav and published by Now Publishers Inc. This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hedge Fund Activism begins with a brief outline of the research literature and describes datasets on hedge fund activism.

The Spatial Dimension of Risk

Download The Spatial Dimension of Risk PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1849710856
Total Pages : 261 pages
Book Rating : 4.8/5 (497 download)

DOWNLOAD NOW!


Book Synopsis The Spatial Dimension of Risk by : Hans-Detlef M?ller-Mahn

Download or read book The Spatial Dimension of Risk written by Hans-Detlef M?ller-Mahn and published by Routledge. This book was released on 2013 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through its exploration of the spatial dimension of risk, this book offers a brand new approach to theorizing risk, and significant improvements in how to manage, tolerate and take risks. A broad range of risks are examined, including natural hazards, climate change, political violence, and state failure. Case studies range from the Congo to Central Asia, from tsunami in Japan and civil war affected areas in Sri Lanka to avalanche hazards in Austria. In each of these cases, the authors examine the importance and role of space in the causes and differentiation of risk, in how we can conceptualize risk from a spatial perspective and in the relevance of space and locality for risk governance. This new approach - endorsed by Ragnar Löfstedt and Ortwin Renn, two of the world's leading and most prolific risk analysts - is essential reading for those charged with studying, anticipating and managing risks.

Banks, Firms, and Jobs

Download Banks, Firms, and Jobs PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475579012
Total Pages : 57 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Banks, Firms, and Jobs by : Fabio Berton

Download or read book Banks, Firms, and Jobs written by Fabio Berton and published by International Monetary Fund. This book was released on 2017-02-14 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the employment effects of financial shocks using a rich data set of job contracts, matched with the universe of firms and their lending banks in one Italian region. To isolate the effect of the financial shock we construct a firm-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment. This result is concentrated in more levered and less productive firms. Also, the relatively less educated and less skilled workers with temporary contracts are the most affected. Our results are consistent with the cleansing role of financial shocks.

Trade and Inequality

Download Trade and Inequality PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781783479474
Total Pages : 0 pages
Book Rating : 4.4/5 (794 download)

DOWNLOAD NOW!


Book Synopsis Trade and Inequality by : Pinelopi K. Goldberg

Download or read book Trade and Inequality written by Pinelopi K. Goldberg and published by Edward Elgar Publishing. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.

An Introduction to Linear Programming and Game Theory

Download An Introduction to Linear Programming and Game Theory PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118165454
Total Pages : 476 pages
Book Rating : 4.1/5 (181 download)

DOWNLOAD NOW!


Book Synopsis An Introduction to Linear Programming and Game Theory by : Paul R. Thie

Download or read book An Introduction to Linear Programming and Game Theory written by Paul R. Thie and published by John Wiley & Sons. This book was released on 2011-09-15 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the Second Edition: "This is quite a well-done book: very tightly organized, better-than-average exposition, and numerous examples, illustrations, and applications." —Mathematical Reviews of the American Mathematical Society An Introduction to Linear Programming and Game Theory, Third Edition presents a rigorous, yet accessible, introduction to the theoretical concepts and computational techniques of linear programming and game theory. Now with more extensive modeling exercises and detailed integer programming examples, this book uniquely illustrates how mathematics can be used in real-world applications in the social, life, and managerial sciences, providing readers with the opportunity to develop and apply their analytical abilities when solving realistic problems. This Third Edition addresses various new topics and improvements in the field of mathematical programming, and it also presents two software programs, LP Assistant and the Solver add-in for Microsoft Office Excel, for solving linear programming problems. LP Assistant, developed by coauthor Gerard Keough, allows readers to perform the basic steps of the algorithms provided in the book and is freely available via the book's related Web site. The use of the sensitivity analysis report and integer programming algorithm from the Solver add-in for Microsoft Office Excel is introduced so readers can solve the book's linear and integer programming problems. A detailed appendix contains instructions for the use of both applications. Additional features of the Third Edition include: A discussion of sensitivity analysis for the two-variable problem, along with new examples demonstrating integer programming, non-linear programming, and make vs. buy models Revised proofs and a discussion on the relevance and solution of the dual problem A section on developing an example in Data Envelopment Analysis An outline of the proof of John Nash's theorem on the existence of equilibrium strategy pairs for non-cooperative, non-zero-sum games Providing a complete mathematical development of all presented concepts and examples, Introduction to Linear Programming and Game Theory, Third Edition is an ideal text for linear programming and mathematical modeling courses at the upper-undergraduate and graduate levels. It also serves as a valuable reference for professionals who use game theory in business, economics, and management science.

Quantifying Systemic Risk

Download Quantifying Systemic Risk PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226319288
Total Pages : 286 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!


Book Synopsis Quantifying Systemic Risk by : Joseph G. Haubrich

Download or read book Quantifying Systemic Risk written by Joseph G. Haubrich and published by University of Chicago Press. This book was released on 2013-01-24 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the recent financial crisis, the federal government has pursued significant regulatory reforms, including proposals to measure and monitor systemic risk. However, there is much debate about how this might be accomplished quantitatively and objectively—or whether this is even possible. A key issue is determining the appropriate trade-offs between risk and reward from a policy and social welfare perspective given the potential negative impact of crises. One of the first books to address the challenges of measuring statistical risk from a system-wide persepective, Quantifying Systemic Risk looks at the means of measuring systemic risk and explores alternative approaches. Among the topics discussed are the challenges of tying regulations to specific quantitative measures, the effects of learning and adaptation on the evolution of the market, and the distinction between the shocks that start a crisis and the mechanisms that enable it to grow.

Air Quality Criteria for Oxides of Nitrogen

Download Air Quality Criteria for Oxides of Nitrogen PDF Online Free

Author :
Publisher : DIANE Publishing
ISBN 13 : 9780788132490
Total Pages : 712 pages
Book Rating : 4.1/5 (324 download)

DOWNLOAD NOW!


Book Synopsis Air Quality Criteria for Oxides of Nitrogen by : Dennis J. Kotchmar

Download or read book Air Quality Criteria for Oxides of Nitrogen written by Dennis J. Kotchmar and published by DIANE Publishing. This book was released on 1996-07 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the latest scientific data on health effects of NOx measured in laboratory animals and exposed human populations and the effects of NOx on agricultural corps, forests and ecosystems, as well the NOx effects on visibility and non-biological materials. Other chapters describe the nature, sources, distribution, measurement and concentrations of NOx in the environment. Covers all pertinent literature through early 1993. Glossary of terms and symbols. Extensive bibliography. Charts, tables and graphs.

Mismatch Unemployment

Download Mismatch Unemployment PDF Online Free

Author :
Publisher :
ISBN 13 : 9781457838200
Total Pages : 79 pages
Book Rating : 4.8/5 (382 download)

DOWNLOAD NOW!


Book Synopsis Mismatch Unemployment by : Aysegul Sahin

Download or read book Mismatch Unemployment written by Aysegul Sahin and published by . This book was released on 2012 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new database covering the universe of online U.S. job advertisements. Mismatch across industries and occupations explains at most 1/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share of the rise in unemployment explained by occupational mismatch is increasing in the education level.

Computer Systems

Download Computer Systems PDF Online Free

Author :
Publisher :
ISBN 13 : 9781292025841
Total Pages : 962 pages
Book Rating : 4.0/5 (258 download)

DOWNLOAD NOW!


Book Synopsis Computer Systems by : Randal E.. Bryant

Download or read book Computer Systems written by Randal E.. Bryant and published by . This book was released on 2013-07-23 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt: For Computer Systems, Computer Organization and Architecture courses in CS, EE, and ECE departments. Few students studying computer science or computer engineering will ever have the opportunity to build a computer system. On the other hand, most students will be required to use and program computers on a near daily basis. Computer Systems: A Programmer's Perspective introduces the important and enduring concepts that underlie computer systems by showing how these ideas affect the correctness, performance, and utility of application programs. The text's hands-on approach (including a comprehensive set of labs) helps students understand the under-the-hood operation of a modern computer system and prepares them for future courses in systems topics such as compilers, computer architecture, operating systems, and networking.

The Lagrange Multiplier Test and Its Applications to Model Specification

Download The Lagrange Multiplier Test and Its Applications to Model Specification PDF Online Free

Author :
Publisher :
ISBN 13 : 9780909541552
Total Pages : 52 pages
Book Rating : 4.5/5 (415 download)

DOWNLOAD NOW!


Book Synopsis The Lagrange Multiplier Test and Its Applications to Model Specification by : Trevor Stanley Breusch

Download or read book The Lagrange Multiplier Test and Its Applications to Model Specification written by Trevor Stanley Breusch and published by . This book was released on 1978 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: