Industrial dynamics and the neolclassical growth model.
Allocating Government Education Expenditures across K-12 and College Education.
Labor Market Trends with
Balanced Growth.
Tax Reform with Useful Public Expenditures.
The Transition from Dirty to Clean Industries: Optimal Fiscal Policy in
a Two-Sector Model of Endogenous Growth.
Growth Effects of Shifting from a Graduated- Rate Tax System to a Flat Tax.
Fiscal Policy and Productivity Growth in the OECD.
Uniform Two-Part Tariffs and Below Marginal Cost Prices: Disneyland Revisited.
Optimal Fiscal Policy, Public Capital, and the Productivity Slowdown.
On Public Capital Analysis with State Data.
The Link Between Tax Rates and Foreign Direct Investment.
Welfare, Stabilization or Growth: A Comparison of Different Fiscal Objectives.
Equivalence of the Standard and Modified Switching Regression Models.
A Normative Analysis of Public Capital.
Optimal Tax Rules in a Dynamic Stochastic Economy with Capital.
A Diagnostic Test Without Numerical Integration.
Backward Solving Quarterly Models with Seasonal or Annual Shocks.
Health Plan Choice and the Utilization of Health Care Services.
The Demand for Employment-Based Health Insurance Plans.
Employment Based Health Insurance.
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Abstract: The effect of health plan membership on the utilization of health care services is of interest to both consumbers and policy makers. Often, estimation of that effect is difficult because data are non-experimental and the dependent variable exhibits a high proportion of zeros. We propose a model of utilization that addresses both problems. After controlling for chronic illness and other observed variables, we find no evidence of further selectivity bias in equations for physician contacts and inpatient days. Our estimates of the effect of health plan membership on utilization of services are similar to those from experimental data.