Amy Finkelstein

Publications

Subsidizing Health Insurance for Low-Income Adults: Evidence from Massachusetts
forthcoming, American Economic Review (with Nathaniel Hendren and Mark Shepard)

The Value of Medicaid: Interpreting Results from the Oregon Health Insurance Experiment
forthcoming, Journal of Political Economy (with Nathaniel Hendren and Erzo F.P. Luttmer)
Click here for on-line Appendices.

Provider Incentives and Healthcare Costs: Evidence from Long-Term Care Hospitals
forthcoming, Econometrica (with Liran Einav and Neale Mahoney).

Healthcare Spending and Utilization in Public and Private Medicare
forthcoming, American Economic Journal: Applied Economics (with Vilsa Curto, Liran Einav, Jonathan Levin and Jay Bhattacharya).
click here for on-line Appendices

Mandatory Medicare Bundled Payment Program for Lower Extremity Joint Replacement and Discharge to Institutional Poastacute Care: Interim Analysis of the First Year of a 5-Year Randomized Trial.
Journal of the American Medical Association, September 4, 2018 (with Yunan Ji, Neale Mahoney and Jonathan Skinner).

What Does (Formal) Health Insurance Do, And For Whom?
(with Neale Mahoney and Matthew J. Notowidigdo) Annual Review of Economics 2018. 10:261-86

Private Provision of Social Insurance: Drug-specific price elasticities and cost sharing in Medicare Part D
American Economic Journal: Economic Policy, vol 10(3), pages 122-153.
(with Liran Einav and Maria Polyakova)
click here for on-line Appendices

Moral Hazard in Health Insurance: What We Know and How We Know It
Journal of the European Economic Association, vol 16(4), pages 957-982. (with Liran Einav)

Predictive modeling of U.S. healthcare spending in late life
(with Liran Einav, Sendhil Mullainathan, and Ziad Obermeyer).
Science, 360, June 2018, 1462-1465
Supplementary Material and Programs

Myth and Measurement - The Case of Medical Bankruptcies
March 2018 (with Carlos Dobkin, Ray Kluender, and Matthew J. Notowidigdo)
New England Journal of Medicine DOI: 10.1056/NEJMp1716604

The Economic Impact of Hospital Admissions
February 2018, American Economic Review
(with Carlos Dobkin, Ray Kluender and Matthew J. Notowidigdo).
click here for on-line appendix.

The Uninsured Do Not Use The Emergency Department More - They Use Other Care Less
December 2017 (with Ruohua Annetta Zhou, Katherine Baicker and Sarah Taubman)
Health Affairs, 36(12)

The Effect of Medicaid on Medication Use Among Poor Adults: Evidence from Oregon
December 2017 (with Katherine Baicker, Heidi Allen and Bill Wright)
Health Affairs, 36(12)

Outpatient Office Wait Times and Quality of Care for Medicaid Patients
May 2017 (with Tamar Oostrom and Liran Einav).
Health Affairs 36(5): 826-832.
Click here for on-line Appendix.

Is American Pet Health Care (Also) Uniquely Inefficient?
May 2017 (with Liran Einav and Atul Gupta)
American Economic Review Papers and Proceedings 107(5)
Click here for on-line Appendix.
Click here for replication materials.

Adjusting Risk Adjustment - Accounting for Variation in Diagnostic Intensity
February 2017 (with Matthew Gentzkow, Peter Hull and Heidi Williams).
New England Journal of Medicine 376: 608-610 DOI: 10.1056/NEJMp1613238
Click here for replication code.

Bunching at the kink: implications for spending responses to health insurance contracts
(with Liran Einav and Paul Schrimpf)
February 2017, Journal of Public Economics 146: 27-40.

Sources of Geographic Variation in Health Care: Evidence from Patient Migration
November 2016 (with Matthew Gentzkow and Heidi Williams).
Quarterly Journal of Economics, 131(4): 1681-1726.
Click here for on-line Appendices.
Click here for replication code.

Effect of Medicaid Coverage on ED Use - Further Evidence from Oregon's Experiment
October 2016 (with Sarah Taubman, Heidi Allen, Bill Wright and Katherine Baicker).
New England Journal of Medicine 375: 1505-1507 DOI: 10.1056/NEJMp1609533.

Healthcare Exceptionalism? Performance and Allocation in the U.S. Healthcare Sector
August 2016 (with Amitabh Chandra, Adam Sacarny and Chad Syverson)
American Economic Review 106 (8): 2110-2144.
Click here for on-line appendices.
Click here for replication code.

Productivity Dispersion in Medicine and Manufacturing
May 2016 (with Amitabh Chandra, Adam Sacarny and Chad Syverson)
American Economic Review Papers and Proceedings 106(5): 99-103.

Beyond Statistics: The Economic Content of Risk Scores
April 2016 (with Liran Einav, Ray Kluender and Paul Schrimpf)
American Economic Journal: Applied Economics, 8(2)
click here for replications files.

Medicare Letters to Curb Overprescribing of Controlled Substances Had No Detectable Effect on Providers
March 2016 (with Adam Sacarny, David Yokum and Stantanu Agrawal)
Health Affairs 35 (3): 471-479.

Paying on the margin for medical care: evidence from breast cancer treatments
February 2016. (with Liran Einav and Heidi Williams)
American Economic Journal: Economic Policy, 8(1)
click here for on-line Appendix.
click here for replication files.

Moral Hazard in Health Insurance: Do Dynamic Incentives Matter?
October 2015. (with Aviva Aron-Dine, Liran Einav and Mark Cullen).
Review of Economics and Statistics, 97(4): 725-741
Click here for on-line Appendix.
Click here for replication files.

The Response of Drug Expenditure to Non-Linear Contract Design: Evidence from Medicare Part D
May 2015. (with Liran Einav and Paul Schrimpf).
Quarterly Journal of Economics, 130(2): 841-899
Click here for on-line Appendices.
Click here for replication files.

Randomize Evaluations to improve health care delivery
February 2015 (with Sarah Taubman)
Science 347 (6223): 720-722.
Article available here
Longer version available here

Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market
December 2014. (with James Poterba)
Journal of Risk and Insurance 81: 709-734

The Impact of Medicaid on Labor Force Activity and Program Participation: Evidence from the Oregon Health Insurance Experiment
May 2014 (with Katherine Baicker, Jae Song and Sarah Taubman)
American Economic Review paper and proceedings
Click here for online appendices.

Medicaid Increases Emergency-Department Use: Evidence from Oregon's Health Insurance Experiment
2014, Science, 2 January 2014 (with Sarah Taubman, Heidi Allen, Bill Wright, and Katherine Baicker.)
Click here for data and replication code.

Income and Health Spending: Evidence from Oil Price Shocks
October 2013. (with Daron Acemoglu and Matthew J. Notowidigdo)
Review of Economics and Statistics
Click here for online appendices.

The Oregon Experiment - Effects of Medicaid on Clinical Outcomes
2013, New England Journal of Medicine 368 (18), May (with Katherine Baicker, Sarah Taubman, Heidi Allen, Mira Bernstein, Jonathan Gruber, Joseph Newhouse, Eric Schneider, Bill Wright, Alan Zaslavsky, and the Oregon Health Study Group.)
Click here for data and replication code.

The RAND Health Insurance Experiment, Three Decades Later
2013, Journal of Economic Perspectives, 27(1): 197-222, (with Aviva Aron-Dine and Liran Einav)
Click here for online appendices
Click here for replication code

Selection on Moral Hazard in Health Insurance
2013, American Economic Review 103(1), February (with Liran Einav, Stephen Ryan, Paul Schrimpf and Mark Cullen)
Click here for online appendices
Click here for replication code

What Good Is Wealth Without Health The Effect of Health on the Marginal Utility of Consumption
2013, Journal of the European Economic Association 11(s1): 221-258 (with Erzo Luttmer and Matthew Notowidigdo)
Click here for online appendices
Click here for replication code

Social Insurance: Connecting Theory to Data
2013, Handbook of Public Economics, Vol. 5: 111-193 (with Raj Chetty)

How General Are Risk Preferences? Choices Under Certainty in Different Domains
2012, American Economic Review 102(6), October, 2606-2638 (with Liran Einav, Iuliana Pascu and Mark Cullen)
click here for online appendices
click here for replication code

The Oregon Health Insurance Experiment: Evidence from the First Year
2012, Quarterly Journal of Economics 127 (3): 1057-1106.
(with Sarah Taubman, Bill Wright, Mira Bernstein, Jonathan Gruber, Joseph P. Newhouse, Heidi Allen, Katherine Baicker, and the Oregon Health Study Group).
Click here for appendices.
Click here for data and replication code.

Insuring long-term care in the U.S.
2011. Journal of Economic Perspectives 25(4): 119-142 (with Jeffrey Brown).
Click here for appendices.

The Effects of Medicaid Coverage - Learning from the Oregon Experiment
2011. The New England Journal of Medicine, July 20, DOI: 10.1056/nejmp1108222. (with Katherine Baicker).

Selection in Insurance Markets: Theory and Empirics in Pictures
2011. Journal of Economic Perspectives (Vol 25 (1): 115-138) (with Liran Einav)

Estimating Welfare In Insurance Markets Using Variation in Prices
2010. Quarterly Journal of Economics vol. 125 (3): 877-921 (with Liran Einav and Mark R. Cullen)
click here for online appendices

Optimal Mandates and The Welfare Cost of Asymmetric Information: Evidence From the U.K. Annuity Market
2010. Econometrica (Vol 78(3): 1031-1092) (with Liran Einav and Paul Schrimpf)
Click here for replication code

Beyond Testing: Empirical Models of Insurance Markets
2010. Annual Review of Economics (2): 311-336 (with Liran Einav and Jonathan Levin)

Approaches to Estimating the Health State Dependence of the Utility Function
2009. American Economic Review Papers and Proceedings 99(2): 116-121 (with Erzo F.P. Luttmer and Matthew J. Notowidigdo)

EZ Tax: Tax Salience and Tax Rates
2009. Quarterly Journal of Economics 124(3): 969-1010
Click here for online appendix

The Private Market for Long-Term Care Insurance in the U.S.:A Review of the Evidence
2009. Journal of Risk and Insurance 76(1): 5-29 (with Jeffrey R. Brown)

Redistribution By Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities
2009. Journal of Financial Economics 91(1): 35-58 (with James Poterba and Casey Rothschild)

Input and Technology Choices in Regulated Industries: Evidence from the Health Care Sector
2008. Journal of Political Economy 116(5): 837-880 (with Daron Acemoglu)
Click here for online appendix

Preference Heterogenity and Insurance Markets: Explaining a Puzzle of Insurance
2008. American Economic Review Papers and Proceedings, 98(2): 157-162 (with David Cutler and Kathleen McGarry)

What Did Medicare Do? The Initial Impact of Medicare on Mortality and Out of Pocket Medical Spending
2008. Journal of Public Economics 92: 1644-1669 (with Robin McKnight)

The Interaction of Public and Private Insurance: Medicaid and the Long-Term Insurance Market
2008. American Economic Review 98(3): 1083-1102 (with Jeffrey Brown)
click here for appendices
click here for replication code

Why Is the Market for Long Term Care Insurance so Small
2007. Journal of Public Economics 91(10): 1967-1991, (with Jeffrey Brown)

Medicaid Crowd-Out of Private Long Term Care Insurance Demand: Evidence from the Health and Retirement Survey
2007. Tax Policy and the Economy, 21:1-34 (with Jeffrey Brown and Norma Coe)

The Aggregate Effects of Health Insurance: Evidence from the Introduction of Medicare
2007. Quarterly Journal of Economics, 122(1): 1-37

Multiple Dimensions of Private Information: Evidence from the Long-Term Care Insurance Market
2006. American Economic Review September 96(4): 938-958 (with Kathleen McGarry)
Click here for data and replication code.

Did Medicare Induce Pharmaceutical Innovation?
2006. American Economic Review Papers and Proceedings, 96(2): 103-107 (with Daron Acemoglu,
David Cutler, and Joshua Linn)

Dynamic Inefficiencies in Insurance Markets: Evidence from Long-Term Care Insurance
2005. American Economic Review Papers and Proceedings, 95:224-228 (with Kathleen McGarry and Amir Sufi)

Minimum Standards, Insurance Regulation and Adverse Selection: Evidence from the Medigap Market
2004. Journal of Public Economics 88(12): 2515-2547

Static and Dynamic Effects of Health Policy: Evidence from the Vaccine Industry
2004. Quarterly Journal of Economics 119(2): 527-564

Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market
2004. Journal of Political Economy 112(1) Part 1: 183-208, with James Poterba

The Interaction of Partial Public Insurance Programs and Residual Private Insurance Markets: Evidence from the US Medicare Program
2004. Journal of Health Economics, 23(1): 1-24

The Effect of Tax Subsides to Employer-Provided Supplementary Health Insurance: Evidence from Canada
2002. Journal of Public Economics 84(3): 305-340

Selection Effects in the United Kingdom Individual Annuities Market
2002. The Economic Journal 112(476): 28-50, with James Poterba