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publications

Long Term Care in the United States and Around the World: Caring for those with Severe Cognitive Impairment

with Gopi Shah Goda, Brian McGarry and Kathleen McGarry. (Draft available upon request)

Paper Title Number 5, with math \(E=mc^2\)

This paper is about a famous math equation, \(E=mc^2\)

Recommended citation: Your Name, You. (2024). "Paper Title Number 3." GitHub Journal of Bugs. 1(3).
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Regulation of Contract Generosity in Selection Markets: The Case of Medicare Advantage

with Yiyi Zhou. (Draft coming soon!)

Regulations on contract generosity are commonly used by policymakers to prevent private firms from engaging in cream-skimming in selection markets where serving different consumers involves different costs. These regulations directly limit firms’ ability to choose their level of generosity, affecting both consumer demand and costs incurred. As a result, the equilibrium choices of product generosity and price by the firms’ are impacted. In the case of Medicare Advantage, our analysis indicates that consumers have diverse healthcare needs and considerable moral hazard. The recent regulation on maximum out-of-pocket expenses, mandated by the Affordable Care Act, improves total consumer welfare by 27%, especially benefiting those with high healthcare needs. This regulation compresses firms` markups but boosts their overall surplus due to a notable increase in enrollment. Government spending rises because the increased subsidy outweighs savings from reduced Traditional Medicare expenditures.

The Welfare Effects of Accountable Care Organizations

Job Market Paper. (Draft coming soon!)

talks

teaching

Health Economics

Winter 2024, Summer 2024, Winter 2025, Summer 2025 - This course provides a broad overview of health policy, both in the U.S. and abroad, and explores the role that economic theory plays in the national healthcare reform debate. Students will be introduced to several theoretical tools and empirical observations used in economics to better understand the economic problems present in healthcare markets. We will explore the demand of healthcare, the supply of healthcare, and the role of information economics in the healthcare sector. We will apply these three topics to a discussion of public policy in the healthcare sector. We will use our economic tools to better understand market failures in the healthcare sector and the role for health policy to address these issues. By the end of the course, students should be able to analyze public policy in healthcare from an economist’s perspective.

Mathematical Foundations of Contemporary Economic Theory (Math Camp)

Summer 2024, Summer 2025 - This course aims to introduce and remind you of the mathematics required for M.A. and Ph.D. courses in economics. In this course, we will learn standard tools and cookbook procedures that are required for first-year courses. Lectures are divided into six modules: sets and spaces, functions, linear algebra, differentiability, optimization and numerical methods.

Mathematical Statistics

Spring 2024, Spring 2025 - Randomness and uncertain events are an inherent part of the environment that we study as economists. The first part of this course will introduce the mathematics associated with probability theory, and its practical applications. In the second part of this course, we will use the tools we learned in probability theory to provide a basis for statistical inference. This course serves as an important baseline for working with and analyzing data, and the statistical properties associated with models and techniques used in subsequent courses in econometrics.