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作者：Gravelle, Hugh; Sutton, Matt; Ma, Ada
作者单位：University of York - UK; University of Manchester; University of Aberdeen
摘要：The UK National Health Service introduced a pay for performance scheme for primary care providers in 2004/5. The scheme rewarded providers for the proportion of eligible patients who received appropriate treatment. Eligible patients were those who had been reported by the provider as having the relevant disease minus those they exception reported as not suitable for treatment. Using rich provider level data, we find that differences in reported disease rates between providers, and differences ...
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作者：Gintis, Herbert
作者单位：The Santa Fe Institute; Central European University
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作者：Arestis, Philip; Chortareas, Georgios; Tsoukalas, John D.
作者单位：University of Cambridge; National & Kapodistrian University of Athens; University of Essex; University of Nottingham
摘要：We consider an (otherwise standard) New Neoclassical Synthesis theoretical framework that allows a role for money. Money in our model has an informational role which facilitates the estimation of the unobserved shocks that drive potential output and thus the state of the economy. For this purpose we estimate a small-scale sticky price model using Bayesian techniques. Our findings support the view that money has information value. This is reflected in higher precision in terms of unobserved mod...
