Work_in_progresses

Mergers With Intermediation: The Price Effect of Distant Hospital Mergers

With David Dranove

Employers buy insurance on behalf of employees, aggregating several hospital service markets in a single procurement process. Hospital systems controlling key employer geographies can leverage it in rate negotiations with insurers. Can this explain mounting evidence of cross-service-market merger price effects?

Who Takes Up Incentives to Delay Retirement? Evidence from Chile

With Gaston Illanes and Manisha Padi

Increasing the retirement age is being evaluated or implemented in many countries. What is the cost of delay for workers, and how can we compensate them for it?