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Does contracting out increase the efficiency of government programs?Evidence from Medicaid HMOs
Medicaid HMO Fee-for-service
2015/7/17
State governments contract with health maintenance organizations (HMOs) to coordinate medical care for nearly 20 million Medicaid recipients. Identifying the causal effect of HMO enrollment ongovernme...
Does Front-Loading Taxation Increase Savings?: Evidence from Roth 401(k) Introductions
Saving Taxation Retirement
2015/4/28
Can governments increase private savings by taxing savings up front instead of in retirement? Roth 401(k) contributions are not tax-deductible in the contribution year, but withdrawals in retirement a...
Do Supplementary Sales Forecasts Increase the Credibility of Financial Analysts' Earnings Forecasts?
fi nancial analyst sales forecast revenue forecast forecast accuracy
2011/8/21
This study examines whether the market reacts more strongly to earnings forecast revisions when financial analysts supplement their earnings forecasts with sales forecasts. I find that earnings foreca...
Increase in Risk and Comparative Static Analysis
comparative statics MPST (Mean Preserving Simple Transformation) uncertainty
2009/5/7
In this paper we discuss signing of comparative statics analysis under uncertainty. We define change of risk by a mean preserving simple transformation (abbrev. MPST) of random variables. We show tha...
In this paper we discuss signing of comparative statics analysis under uncertainty. We define change of risk by a mean preserving simple transformation (abbrev. MPST) of random variables. We show that...