Frankfurt School of Finance & Management

Projected Health Expenditures of Precision Medicine Under a Value-Based Pricing Framework

Abstract Precision medicine (PM) has the potential to improve healthcare by tailoring treatments to individual genetic, environmental, and lifestyle factors. However, its high initial costs pose challenges for achieving cost neutrality within healthcare budgets. This study invest...

Labor Market Rigidity and Employment: Firm-level Evidence

Abstract We examine the effect of labor market rigidity on firms’ employment decisions in OECD countries using a rich firm-level panel dataset covering 164,048 firm-year observations. Exploiting intertemporal variation in country-level employment protection legislation (EPL), we...