Government health policy and hospital labor costs: the effects of wage and price controls on hospital wage rates and employment

This study examines the rapid growth of hospital wage rates and employment levels over the past decade, with particular attention to the period 1971-73, when wage and price controls were in effect throughout the economy. The analysis shows that the hospital regulations under the Economic Stabilization Program reduced real hospital wages below what they would have been in the absence of controls; a similar but smaller effect of the controls on hospital employment levels is also shown. This suggests that if the current HEW proposal for hospital cost containment is enacted, its impact would be a significant decrease in the rate of growth of hospital wages and employment.     

Performance Indicators in Academia: An X‐Efficiency Approach?

This article utilises three different perspectives to evaluate the uses of performance indicators in Australian higher education: federalism, neoclassical economics and X-efficiency theory. The introduction of performance indicators by the Commonwealth government is associated with providing the most efficient path for the allocation and distribution of scarce resources in higher education (neoclassical economics), increasing its control over the universities (federalism theory), and applying pressure to them and in turn their academic members to increase their effort levels (X-efficiency theory). X-efficiency theory is proposed as a possible model to support and inform efforts to better understand and improve the operation of performance indicators.     

Risky Drinking and Driving/Riding Decisions: The Role of Previous Experience

Factors related to risky drinking and driving/riding decisions were explored by presenting vignettes to 135 older adolescents, 17–24 years of age, with vignettes related to drinking and other social behaviors engaged in at a party. Analyses revealed that alcohol-related behaviors, attitudes toward the acceptability of drinking and driving, and previous drinking and driving/riding experiences were all significant predictors of decisions about driving or riding while intoxicated. Indeed, the overall model accounted for 46% of risky drinking and driving/riding decisions. As predicted, older respondents had more previous experiences with driving while intoxicated and riding with intoxicated drivers than did younger respondents, and they reported that drinking and driving was more acceptable among their peers. However, contrary to expectations, there were no differences in the number of risky decisions made by the two age groups or between males and females. The importance of previous experiences is discussed.     

Bureaucratic choice and nonoptimal provision of public goods: Theory and evidence

Local governments' allocation decisions are modeled in the context of a slack maximizing bureaucrat who produces public goods according to a production function that includes both provision and the constituents' socio-economic characteristics. To gain a better understanding of the determinants of slack, comparative statics and an empirical study of Illinois municipalities are conducted. The indirect output distance function provides efficiency scores upon which we regress several variables, representing socio-economic characteristics, costs and competition measures. We find that slack or inefficient behavior is associated with richer communities, lower education levels and a lack of competition for residents among municipalities.     

Trump's Misguided Hesitation

<正>Charlottesville tragedy has roots in the president’s inflammatory rhetoric So many disturbing and heartbreaking themes emerged out of the violence in Charlottesville,Virginia,on August 12that it’s difficult to know where to begin.The events in Charlottesville—particularly the white