Abstract A recent settlement between Massachusetts and Partners HealthCare, along with successful antitrust actions by the Federal Trade Commission, may signal the beginning of the end of two decades of consolidation of health care providers. This consolidation has been associated with higher prices resulting from market power, justifying the antitrust actions. However, the appropriate remedy for the health sector is a unique challenge. The proposed settlement appears to lock into place the legacy of the hospital-based delivery model, rather than orchestrating a pathway to a new care delivery models. Clearly, we need a regulatory framework that will introduce innovative alternatives into the market, not enshrine the current costly paradigm.
{"title":"The Partners HealthCare Settlement and the Future of Health Care Organizations","authors":"Barak D Richman, K. Schulman","doi":"10.1515/ev-2014-0005","DOIUrl":"https://doi.org/10.1515/ev-2014-0005","url":null,"abstract":"Abstract A recent settlement between Massachusetts and Partners HealthCare, along with successful antitrust actions by the Federal Trade Commission, may signal the beginning of the end of two decades of consolidation of health care providers. This consolidation has been associated with higher prices resulting from market power, justifying the antitrust actions. However, the appropriate remedy for the health sector is a unique challenge. The proposed settlement appears to lock into place the legacy of the hospital-based delivery model, rather than orchestrating a pathway to a new care delivery models. Clearly, we need a regulatory framework that will introduce innovative alternatives into the market, not enshrine the current costly paradigm.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"11 1","pages":"21 - 23"},"PeriodicalIF":0.4,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/ev-2014-0005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67361485","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract We compare findings from the recently concluded evaluation of IMF surveillance with our own findings from our evaluation of OECD surveillance. We find that both institutions approach surveillance in very different ways.
{"title":"Comparing OECD and IMF Approaches to Economic Surveillance","authors":"M. Edwards","doi":"10.1515/1553-3832.1916","DOIUrl":"https://doi.org/10.1515/1553-3832.1916","url":null,"abstract":"Abstract We compare findings from the recently concluded evaluation of IMF surveillance with our own findings from our evaluation of OECD surveillance. We find that both institutions approach surveillance in very different ways.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1916","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66787527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract We argue that coordinated mass dissemination of information about asset fundamentals should make asset markets less prone to bubbles. The key idea is to establish a centralized and popular information source to make key information common knowledge across as many market participants as possible. This realistic, micro-level anti-bubble policy faces fewer challenges than monetary policy and macro-prudential tools.
{"title":"A Practical Anti-bubble Prescription","authors":"Sandro C. Andrade, Jiangze Bian, Timothy R. Burch","doi":"10.1515/1553-3832.1926","DOIUrl":"https://doi.org/10.1515/1553-3832.1926","url":null,"abstract":"Abstract We argue that coordinated mass dissemination of information about asset fundamentals should make asset markets less prone to bubbles. The key idea is to establish a centralized and popular information source to make key information common knowledge across as many market participants as possible. This realistic, micro-level anti-bubble policy faces fewer challenges than monetary policy and macro-prudential tools.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1926","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66787970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract Ed Leamer's recent column in this journal is illustrative of a puzzling trend in macroeconomics — the seeming denial of the long-held Keynesian and monetarist view that nominal shocks have real effects.
Ed Leamer最近在本刊上的专栏阐述了宏观经济学中一个令人困惑的趋势——似乎否定了长期持有的凯恩斯主义和货币主义观点，即名义冲击具有实际影响。
{"title":"Comment on Leamer: Do Nominal Shocks Still Matter?","authors":"Scott Sumner","doi":"10.1515/1553-3832.1850","DOIUrl":"https://doi.org/10.1515/1553-3832.1850","url":null,"abstract":"Abstract Ed Leamer's recent column in this journal is illustrative of a puzzling trend in macroeconomics — the seeming denial of the long-held Keynesian and monetarist view that nominal shocks have real effects.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1850","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66786068","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Comcast counts Netflix traffic, but not its own streaming on-demand service, against users' data limits. Critics contend that this behavior violates at least the spirit of network neutrality. This controversy highlights the complexity of defining and regulating neutrality as services continue to migrate to IP platforms. The right question is how Comcast's behavior affects consumers. Antitrust, not regulations, are best suited for making that determination.
{"title":"Is Xfinity TV Anticompetitive? Let the Courts, not Regulators, Decide","authors":"S. Wallsten","doi":"10.1515/1553-3832.1917","DOIUrl":"https://doi.org/10.1515/1553-3832.1917","url":null,"abstract":"Comcast counts Netflix traffic, but not its own streaming on-demand service, against users' data limits. Critics contend that this behavior violates at least the spirit of network neutrality. This controversy highlights the complexity of defining and regulating neutrality as services continue to migrate to IP platforms. The right question is how Comcast's behavior affects consumers. Antitrust, not regulations, are best suited for making that determination.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1917","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66787899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dube and Kaplan use recent research in labor and political economy to describe the trends in political and economic inequality that have spawned Occupy Wall street, and how they might be changed.
{"title":"Occupy Wall Street and the Political Economy of Inequality","authors":"Arindrajit Dubé, E. Kaplan","doi":"10.1515/1553-3832.1899","DOIUrl":"https://doi.org/10.1515/1553-3832.1899","url":null,"abstract":"Dube and Kaplan use recent research in labor and political economy to describe the trends in political and economic inequality that have spawned Occupy Wall street, and how they might be changed.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1899","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66787477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
When faced with irreversible decisions with significant uncertainty about the environmental costs of accidents, such as the Keystone XL Pipeline or hydro-fracking for natural gas, policymakers should use an environmental bond to securitize self insurance.
{"title":"Securitizing Environmental Risk and the Keystone XL Pipeline","authors":"Kerry Smith","doi":"10.1515/1553-3832.1890","DOIUrl":"https://doi.org/10.1515/1553-3832.1890","url":null,"abstract":"When faced with irreversible decisions with significant uncertainty about the environmental costs of accidents, such as the Keystone XL Pipeline or hydro-fracking for natural gas, policymakers should use an environmental bond to securitize self insurance.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1890","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66786433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The US Fiscal Situation: Causes and Remedies","authors":"E. Lazear","doi":"10.1515/1553-3832.1894","DOIUrl":"https://doi.org/10.1515/1553-3832.1894","url":null,"abstract":"We need a rule to control the growth in government, says Edward Lazear. “Inflation plus One” would eliminate the federal budget deficit in 8 years.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1894","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66786527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Its very simple says Michael Boskin – as he said in 1986, and he says again – “Too Many Promises.” Simple reforms to Social Security and a shift to premium based Medicare together with a broader tax base and lower tax rates is necessary – but so is critical investment.
{"title":"Fiscal Policy for Economic Growth","authors":"M. Boskin","doi":"10.1515/1553-3832.1898","DOIUrl":"https://doi.org/10.1515/1553-3832.1898","url":null,"abstract":"Its very simple says Michael Boskin – as he said in 1986, and he says again – “Too Many Promises.” Simple reforms to Social Security and a shift to premium based Medicare together with a broader tax base and lower tax rates is necessary – but so is critical investment.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2012-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1898","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66786943","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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