The documentary, Final Offer follows collective bargaining negotiations between General Motors and the Canadian branch of the United Auto
Workers (UAW) union.
1. Describe the 3 most interesting/surprising aspects of the firm (and why you found them interesting or surprising). Each response should be at least 3-4 sentences
In: Operations Management
1.In the 1980s and 1990s many states passed Any-Willing-Provider (AWP) legislations that require managed care organizations to accept any provider into their network if the provider agreestotheconditions,termsandreimbursementrates. Supposeyouarehiredbyanagency to estimate the effect of AWP legislation on state-level hospital and physician expenditures (EXP). You have state-level data on expenditures, year AWP law passed, and demographic and health characteristics spanning 1980 through 1998. Note that both EXP and AWPvary across years and states. The state-level demographic and health characteristics include population density, percent of the population of African American race, HMO market share, real per capita income and unemployment rate. Assume that data are available for 50 states.
A.[20 Points] What approach would you use to estimate the effect of the policy change (i.e.,AWP) on total hospital and physician expenditures? Specify your model (the equation and important assumptions), and then explain your estimation approach.
B. [10 Points] Do we need to worry about potential endogeneity in AWP? Explain.
Hint:
You have panel data on 50 states (n= 50) and 9 years (t = 9). In part (A), set-up a linear panel data model with dependent variable EXP and key explanatory variable AWPit, other regressors (population,....unemployment rate), year dummies, individual effects and the idiosyncratic error term. Note AWPit = 1 if state i passed the law (or the law was in effect) during year t. Depending on the assumptions you make, you can in principle use fixed effects, random effects or first difference. You need to explain your chosen approach. The FE estimator might be preferable, though.
For part (B), explain why the AWP legislation might be endogenous. Basically, if the AWP legislation is related to the underlying changes in health expenditures, then AWP may be endogenous. This is the so called policy endogeneity. If states implement the legislation in response to upward trends in health expenditures, then AWP may be correlated with the idiosyncratic error term.
In: Economics
what are some similarities and differences among security levels in jails , states prisons, and federal prisons ? How do the roles of human service professions differ between these facilities ?
In: Economics
what are some similarities and differences among security levels in jails , states prisons, and federal prisons ? How do the roles of human service professions differ between these facilities ?
In: Economics
In: Economics
The Corporate Social Responsibility worldview states that firms are governed by three principles: legitimacy; public responsibility; and managerial discretion. Discuss two (2) of these principles – what they are and why they matter.
In: Economics
Write the net ionic equation for each reaction. (Include the states of matter for each reactant and product.)
| a. HNO3(aq) + NaOH(aq) |
| b. H2SO4(aq) + KOH(aq) |
In: Chemistry
For the following aqueous reaction, complete and balance the molecular equation and write a net ionic equation, making sure to include the physical states of the compounds:
potassium carbonate + strontium nitrate
In: Chemistry
Why do lanthanoid ions have similar chemical properties even with variation of atomic number and have higher lifetime in excited states than transition metal ions ??
In: Chemistry
Consider the current CDC Guidelines on face masks and social distancing. Some states and municipalities have adopted them while others have not. Discuss the constitutional questions this presents.
In: Economics