This dissertation analyzes the role of price advertising in the retail grocery setting, first exploring how consumers use price advertising in their shopping location decisions, and then considering ways in which retailers use price advertising to maximize store traffic and profits, given consumer use of information. Chapter 2 provides a...
While it is the ongoing growth in healthcare spending that has been making headlines, improving and maintaining healthcare quality is a critical goal of healthcare policy. In this dissertation I answer three questions relating to healthcare quality: does physician-hospital financial integration improves healthcare quality; how physician-hospital financial integration improves healthcare...
This dissertation looks at the consequences of three different government regulatory policies---the nondistribution constraint (which prohibits managers of nonprofit organizations from distributing profits generated by the nonprofit organization to themselves), the 100/0, 85/15, and 90/10 rules (which restrict the fraction of revenue for-profit colleges and universities can receive from Title...
This dissertation consists of two papers united by a common element: they both study the behavior of heterogeneous agents across the business cycle.
In Chapter 1, I consider: what is the link between the drop in consumer credit during the Great Recession and increased unemployment? I build a heterogeneous household...
The first two chapters of my thesis are related to health economics, and explore how individual decisions affecting health can be impacted by different factors, including by government policy. The third chapter of my thesis (coauthored with Heyu Xiong) focuses on public economics in the Chinese context.
>In the first...
This dissertation studies the forces that drive the allocation of patients to hospitals in the United States. Even though it seems there is some market discipline in the hospital industry, we observe that many patients go to hospitals far from the quality frontier and we still do not have a...
I study how electricity generation firms exert market power, raising price above marginal cost. Typical studies of market power in electricity markets focus on how firms sustain markups in the short-run energy market. I explore other channels electricity generation firms use to strategically maximize profits. First, I analyze strategic investments...
Endogenous growth theory has long recognized innovation as one of the key drivers of growth. Understanding what factors encourage or discourage innovative activities and how, in turn, these affect our communities is therefore crucial to inspire policies that promote inclusive growth. This dissertation tries to broaden our comprehension of the...
I describe a novel panel dataset on the U.S. primary care physician population, as well as the institutions and measurement strategies used to study physician behavior in the marketplace. I document several facts on primary care markets and supplier location decisions, the types of patients physicians accept, the scale of...
This dissertation contains three chapters on two broad topics in labor economics: the determinants of early career outcomes and the impact of an aging population (and related policies). The first chapter investigates how the retirement slowdown among older Americans has affected the labor market prospects of younger Americans in recent...
My dissertation consists of two chapters that empirically study policy-related questions in applied microeconomics by using structural econometric modeling developed in industrial organization. In the first chapter, I study the welfare effects of a cap-and-trade program. I develop an equilibrium framework that incorporates forward-looking behavior and transaction costs. In the...
This dissertation is a collection of three essays that study (dynamic) incentive provision in multi-agent settings with asymmetric information: delegation of projects in organizations, dynamic matching on a platform, and arbitration between partners in a dispute.', "The first chapter studies dynamic delegation of heterogeneous projects to agents with diverse capabilities....
This dissertation consists of three essays in Microeconomic Theory that study the interplay between mechanism and information design, provide insights into the design of efficient dispute resolution mechanisms for partnerships, and analyze the stability of fractional matchings in two-sided markets.', "In the first chapter, we study the optimal disclosure policy...
According to contemporary estimates, the 1933 Soviet famine killed six to eight million people, more than two million of them in Ukraine. This dissertation studies causes and consequences of this famine. ', 'Chapter one evaluates the causes of the 1933 famine offered by historians in Ukrainian context. Three main explanations...
This dissertation studies three topics in labor and public economics. The first chapter examines the local economic consequences of prisons using two complementary approaches. The first uses the openings of 230 prisons during the 1990s across the entire United States, and the second uses a quasi-experimental strategy that compares winning...
We tackle two important theoretical problems in macroeconomics and international economics. First, in macroeconomics, especially monetary economics, the models with a standard Taylor rule have multiple equilibria. This multiplicity is problematic since we do not have a theory to determine a price level. We propose a theory to pin down...
Understanding the role of heterogeneity across agents is crucial in predicting how the macroeconomic outcomes are affected by these differences. This dissertation presents three papers in which I study labor market outcomes of different segments of the population according to their choice of education and how labor market characteristics affect...
Households in emerging markets hold significant amounts of dollar deposits while firms have significant amounts of dollar debt. Motivated by the perceived dangers, policymakers often develop regulations to limit dollarization. In this paper, I draw attention to an important benefit of dollarization, which should be taken into account when crafting...
I study three topics in applied microeconomics. My first chapter concerns the effect of daily school start times on academic achievement in Florida. Exploiting the sharp discontinuity in school start time relative to sunrise, I track children who move between schools on either side of the time zone boundary in...