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Munich RePEc Personal Archive
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36329 Publications
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  • Evaluating the Effect of a Policy Change to Hospital Productivity: 80 Hours Work Restriction on Medical Residents

    This paper uses a two-year panel dataset on hospitals from the American Hospital Association (AHA) to evaluate the effect a policy change has on the marginal product of medical residents. A weighted 2SLS approach is used to estimate a semi-parametric production function. A policy restricting medical residents to work no more than 80 hours a week is found to result in a net loss of 14 inpatient days per resident annually, which is not statistically different from zero. In addition, the mode...

    Equilibrium Determinacy and Policy Rules : Role of Productive Money and Government Expenditure

    We analyze the relation between policy mixture and equilibrium determinacy in an economy where money and government expenditures are used for production. We find that an adequate mix of income tax and interest-rate control is important to realize a stable economy, as well as the relation between contribution of government expenditures to production and the basic tax rate as a source of the revenue for these expenditure.

    التغيير وإدارة التغيير في قطاع الصناعة التقليدية: استكشاف المقومات و بحث في الأدوات

    Dans le contexte actuel, caractérisé par des pressions économiques et concurrentielles, le changement au sein des organismes publics devient de plus en plus prioritaire . Dans ce cadre-là, le secteur de l’artisanat ne peut échapper à la logique du changement et du management du changement , si les responsables en charge de son développement voulaient valoriser ces résultats positifs, en particulier dans les domaines de la création d'activité et des emplois . De cette façon, pour analyser la ...


    This paper resolves the impacts of the deregulation of the household registration on the economic condition and the educational investment decision of the family into two parts: one part improves family members to adjust the allocation of time, thus increasing the family income; and the other promotes the farmers’ expected benefits of the educational investment. Then on the basis of designing a family’s two-stage production and consumption model, with the aim of maximizing of the utility of t...

    Subgame Perfect Equilibrium in a Bargaining Model with Deterministic Procedures

    Mao, Liang (2015)
    Two players, $A$ and $B$, bargain to divide a perfectly divisible pie. In a bargaining model with constant discount factors, $\delta_A$ and $\delta_B$, we extend \cite{Rubinstein82}'s alternating offers procedures to more general deterministic procedures so that any player in any period can be the proposer. We show that each bargaining game with a deterministic procedure has a unique subgame perfect equilibrium (SPE) payoff outcome, which is efficient. Conversely, each efficient divisio...
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