Public Economy

Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.

Research conducted by: RAND Labor and Population; RAND Health; International Programs

Journal Articles (892)

Impact of Socioeconomic Adjustment on Physicians' Relative Cost of Care — Apr 26, 2013

Ongoing efforts to profile physicians on their relative cost of care have been criticized because they do not account for differences in patients' socioeconomic status (SES).

Cost of Dementia Tops $157 Billion Annually in the United States — Apr 3, 2013

an elderly couple, man possibly with dementia

The monetary cost of dementia in the United States ranges from $157 billion to $215 billion annually, making the disease more costly to the nation than either heart disease or cancer. The greatest cost is associated with providing institutional and home-based long-term care rather than medical services.

Evaluating the Economics of Complementary and Integrative Medicine — Mar 1, 2013

If CIM is to be considered in broader healthcare strategies, its economic impact must be determined.

The Association Between Health Care Quality and Cost: A Systematic Review — Jan 1, 2013

A systematic review found that evidence is mixed and inconsistent regarding both the direction and magnitude of the association between health care costs and quality.

What Is the Price of Prevention? New Evidence from a Field Experiment — Jan 1, 2013

Policies to increase preventive testing in developing countries should include subsidies towards treatment costs.

Medicare Payment Reform and Provider Entry and Exit in the Post-Acute Care Market — Jan 1, 2013

Payment reform affects market entry and exit, which in turn may affect market structure, access to care, quality and cost of care, and patient outcomes.

High Tax States: Options for Gleaning Revenue from Legal Cannabis — Jan 1, 2013

This Article seeks to broaden the revenue discussion about marijuana legalization with respect to policy goals, types of taxes, and components of revenue.

Price Elasticity of Expenditure Across Health Care Services — Dec 1, 2012

Policymakers in countries around the world are faced with rising health care costs and are debating ways to reform health care to reduce expenditures.

Exploring the Relationship Between Travel Demand and Economic Growth — Dec 1, 2012

This paper presents results of an assessment of the state of research on decoupling the relationship between vehicle travel and economic growth.

Physicians with the Least Experience Have Higher Cost Profiles Than Do Physicians with the Most Experience — Nov 1, 2012

Health plans and Medicare are using cost profiles to identify which physicians account for more health care spending than others.

The Large Social Value Resulting from Use of Statins Warrants Steps to Improve Adherence and Broaden Treatment — Oct 1, 2012

Statins are considered a clinically important breakthrough for the treatment of cardiovascular disease.

Patient Protection and Affordable Care Act. — Sep 1, 2012

ACA-mandated payment reforms need to achieve more than a "one time" cost saving.

Posing a Framework to Guide Government's Role in Payment and Delivery System Reform — Sep 1, 2012

Innovative payment reform initiatives occur in both the public and private sector, but the optimal role in such reforms of the public sector, specifically the Centers for Medicare and Medicaid Services, is up for debate

Impact of a Private Health Insurance Mandate on Public Sector Autism Service Use in Pennsylvania — Aug 1, 2012

Many states have implemented regulations (commonly referred to as waivers) to increase access to publicly insured services for autism spectrum disorders (ASD).

A Search-Theoretic Model of the Retail Market for Illicit Drugs — Jul 1, 2012

How legalizing marijuana would affect consumption and tax revenues will depend on many design choices including tax level, incentives for a continued black market, whether advertising is restricted, and how the regulatory system is designed and adjusted.

The Impact of Economic Resource Transfers to Women Versus Men: A Systematic Review — Jul 1, 2012

This systematic review examined the question: what is the evidence of the impact on family well-being of giving economic resources to women relative to the impact of giving them to men?

Costing the Walking for Health Programme — Jul 1, 2012

The results of this work provide a useful insight into economic costs of running local Walking for Health schemes, and the overarching national support programme.

Public and Nonprofit Funding for Research on Mental Disorders in France, the United Kingdom, and the United States — Jul 1, 2012

Funding for research on mental disorders accounts for low proportions of research budgets compared with funding levels for research on other major health problems, whereas the expected return on investment is potentially high.

Growth of Consumer-Directed Health Plans to One-Half of All Employer-Sponsored Insurance Could Save $57 Billion Annually — May 1, 2012

Enrollment is increasing in consumer-directed health insurance plans, which feature high deductibles and a personal health care savings account.

Do Physician Organizations Located in Lower Socioeconomic Status Areas Score Lower on Pay-for-Performance Measures? — May 1, 2012

Physician organizations (POs)—independent practice associations and medical groups—located in lower socioeconomic status (SES) areas may score poorly in pay-for-performance (P4P) programs.

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