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This paper exploits a brief period of asymmetric information during the implementation of Pennsylvania’s “report card” scheme for coronary artery bypass graft surgery to test for improvements in quality of care and selection of patients by health care providers.
During the first three years...
Comparing the labour market returns to numeracy and cognitive ability in Indonesia and the United States, this paper argues that different economic characteristics between developing and developed countries may require workers with different skills.
Different economic characteristics between developing and developed countries may require...
This paper presents a general model of the interaction between settlement and the emergence of de facto property rights on frontiers prior to governments establishing and enforcing de jure property rights.
Settlers have an incentive to establish de facto property rights to avoid the...
Using US data, they reach two conclusions: first, excise taxes have a significant effect on passive smoking; second, smoking bans have on average no effects on non smokers. While bans in public transportation or in schools decrease the exposure of non smokers, bans in recreational...
A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility.
If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may...
This paper compares the tax systems of Australia, Canada, New Zealand, the UK and the US, and summarizes the evidence about top income shares.
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of...