treated as consumption: here now, gone tomorrow actually, a durable good: long-lasting value

Medical Care Cost & Innovation

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Page 1: TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW ACTUALLY, A DURABLE GOOD: LONG-LASTING VALUE

Medical Care Cost & Innovation

Page 2: TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW ACTUALLY, A DURABLE GOOD: LONG-LASTING VALUE

Changes in What Medical Care $ Buys

Page 3: TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW ACTUALLY, A DURABLE GOOD: LONG-LASTING VALUE

Changes in What Medical Care $ Buy

Valuing Medical Care

TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW

ACTUALLY, A DURABLE GOOD:LONG-LASTING VALUE

Valuing the Long-Term Benefits from Health Care

The Value of Health and LongevityMurphy & Topel National Bureau of Economic

Research, 2005 The Value of Medical Spending in the

USCutler et al

New England Journal of Medicine, 2002 Are Medical Prices Declining: Evidenc

e from Heart Attack TreatmentsCutler & McClellan

Quarterly Journal of Economics, 1998

http://www.nber.org/papers/w11405.pdf?new_window=1

http://leadership-studies.williams.edu/files/Lead10/Medical%20Spending.pdf

http://qje.oxfordjournals.org/content/113/4/991.abstract

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