Economic Inquiry

Articles from Vol. 38, No. 3, July

Capacity Constraints and the Dynamics of Underwriting Profits
PAUL D. THISTLE [*] The presence of an underwriting profit cycle in property / liability insurance has become a stylized fact. Models of this "underwriting cycle" imply that the insurance market is governed by two regimes, as capacity is constrained...
Cross-State Variation in Medicaid Programs and Female Labor Supply
JOHN C. NAVIN [*] Using a pooled cross-section data set from the 1980 through 1993 Current Population Survey March Supplements, we test if different Medicaid benefit levels across states impact the labor supply behavior of female heads of households....
Efficiency, Growth, and Concentration: An Empirical Analysis of Hospital Markets
LEE RIVERS MOBLEY [*] Taking an evolutionary view, Harold Demsetz hypothesized that firms. differ persistently in efficiency and that industry concentration results from growth of efficient firms at the expense of inefficient ones. We test this...
Enter at Your Own Risk: Hmo Participation and Enrollment in the Medicare Risk Market
DOUGLAS WHOLEY [*] We examine HMO participation and enrollment in the Medicare risk market for the years 1990 to 1995. We develop a profit-maximization model of HMO behavior, which explicitly considers potential linkages between an HMO's production...
Environmental Governance in Federal Systems: The Effects of Capital Competition and Lobby Groups
NOEL GASTON [*] We argue that centralized and decentralized environmental governance yield equivalent environmental regulations. We model worker, environmental, and capital owner lobby groups that seek influence by offering political contributions....
Fiscal Austerity and Public Servant Quality
STEPHEN SHEPPARD [*] In this article we use a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment...
Life Cycle Consumption of a Harmful and Addictive Good
DAVID GOLDBAUM [*] This article demonstrates that the endogenous desire to quit smoking can result from a rational consumption path chosen at the time the consumer begins smoking. This result is obtained without relying on hidden costs or unknown...
Resource Allocation and Economic Growth in China
SHUANGLIN LIN [*] This article shows that the allocation of resources among enterprises of different types of ownership is important to economic growth. The data on 30 Chinese provinces indicate that the investment share of state enterprises is...
Testing Rent Sharing Using Individualized Measures of Rent: Evidence from Domestic Helpers
WING SUEN [*] The market for resident domestic helpers offers a rare opportunity where the surplus from employment relationship can be quantitatively measured for each individual employee. Using the difference between employer's cost of time and...
Using the Medicare Buy-In Program to Estimate the Effect of Medicaid on Ssi Participation
AARON S. YELOWITZ [*] This article assesses the importance of receiving supplemental health insurance on participation in Supplemental Security Income (SSI) for the elderly. The implementation of the Qualified Medicare Beneficiary (QMB) program...
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