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Category: Economics – General

The Elasticity of Pharmaceutical Innovation – Healthcare Economist
March 20, 2025
Economics - General
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The Elasticity of Pharmaceutical Innovation – Healthcare Economist

That is the title of a new USC white paper by Darren Filson, Karen Van Nuys, Darius Lakdawalla and Dana Goldman with the subtitle ...
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More evidence that there are diminishing marginal returns to quality of life gains – Healthcare Economist
February 25, 2025
Diminishing marginal utility
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More evidence that there are diminishing marginal returns to quality of life gains – Healthcare Economist

Quality-adjusted life years (QALYs) are commonly used to evaluate the impact of new medical technologies on patient mortality and ...
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Life sciences companies falling behind? – Healthcare Economist
January 8, 2025
Economics - General
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Life sciences companies falling behind? – Healthcare Economist

That is what an analysis from PwC finds, at least with respect to stock market returns. Our PwC equal-weight ...
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Merchants of Death – Healthcare Economist
October 31, 2024
Credit Markets
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Merchants of Death – Healthcare Economist

That is the clever title of recent American Economic Review publication by Cyrus Aghamolla, Pinar Karaca-Mandic, Xuelin Li, Richard ...
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What are the potential productivity impacts of new medications that treat Medicare beneficiaries? – Healthcare Economist
August 22, 2024
Economics - General
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What are the potential productivity impacts of new medications that treat Medicare beneficiaries? – Healthcare Economist

One key aspect of many medications is that they not only help people feel better, but often these medications ...
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How would the inclusion of specialty drugs impact CPI-Rx? – Healthcare Economist
July 5, 2024
CPI
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How would the inclusion of specialty drugs impact CPI-Rx? – Healthcare Economist

The Bureau of Labor Statistics’ (BLS’) Prescription Drug Consumer Price Index (CPI‐Rx) looks at price changes for drugs dispensed at outpatient retail pharmacies. However, ...
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Empirical Estimates of Loss Aversion – Healthcare Economist
June 26, 2024
Economics - General
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Empirical Estimates of Loss Aversion – Healthcare Economist

Kahneman and Tversky’s Prospect Theory posit that individuals have loss aversion. What is loss aversion? It means that individuals experience losses more intensely than ...
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Is it time to start using a 2% discount rate? – Healthcare Economist
June 25, 2024
discount rate
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Is it time to start using a 2% discount rate? – Healthcare Economist

Cohen (2024) argues that health economists should start using 2% discount rates for health economic models. Why is that? ...
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What would happen if we eliminated medical debt? – Healthcare Economist
April 19, 2024
Economics - General
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What would happen if we eliminated medical debt? – Healthcare Economist

Medical debt in the U.S. is a major problem. While over 90% of individuals have health insurance, many people ...
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