Essays in applied microeconomics
Abstract/Contents
- Abstract
- This dissertation focuses on the financing and occupation decisions of graduate students in the United States, as well as on federal policies related to student loan and health care expansions. In the first chapter I investigate why federal student loans crowd out the private market by exploiting the 2006 introduction of graduate PLUS loans. I show that access to PLUS loans led students to replace private with PLUS loans almost one-for-one, but that most borrowers could receive lower interest rates through the private market for student loans. I model graduate student's borrowing decisions and find that the decision to take out federal loans can be rationalized by federal income-based repayment plans which functions as insurance against low future wages. The second chapter of this dissertation is co-authored with Paul Oyer and focuses on the positions taken by MBA graduates and summer interns. We show that the excess returns for firms that MBAs join are higher in the year leading up to the start of employment. These excess returns are mean reverting in the following year and are much smaller. We find some evidence that the firms that recruit MBAs, but do not hire, have the opposite pattern and exhibit higher excess returns in the year after the recruiting process. We go on to show that the relationship between MBA hiring and stock returns is similar to that for other non-executive employee hires but very different from CEOs. The third and final chapter of this dissertation is co-authored with Vilsa Curto. We study the short term affects of Medcaid expansion on enrollment into Medicaid and access to care by focusing on four states that were early adopters of the 2010 Affordable Care Act's Medicaid expansion. We find that Medicaid expansion leads to a 13 percent increase in overall enrollment, a 27 percent increase in enrollment among adults ages 23 to 65, and a 16 percent increase in the number of Medicaid patients seen by primary care physicians. We also find that Medicaid expansion increases physician participation on the intensive margin but not on the extensive margin.
Description
| Type of resource | text |
|---|---|
| Form | electronic; electronic resource; remote |
| Extent | 1 online resource. |
| Publication date | 2017 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Associated with | Bhole, Monica |
|---|---|
| Associated with | Stanford University, Department of Economics. |
| Primary advisor | Hoxby, Caroline Minter |
| Primary advisor | Oyer, Paul E. (Paul Edward), 1963- |
| Thesis advisor | Hoxby, Caroline Minter |
| Thesis advisor | Oyer, Paul E. (Paul Edward), 1963- |
| Thesis advisor | Duggan, Mark |
| Thesis advisor | Persson, Petra, 1981- |
| Advisor | Duggan, Mark |
| Advisor | Persson, Petra, 1981- |
Subjects
| Genre | Theses |
|---|
Bibliographic information
| Statement of responsibility | Monica Bhole. |
|---|---|
| Note | Submitted to the Department of Economics. |
| Thesis | Thesis (Ph.D.)--Stanford University, 2017. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2017 by Monica D Bhole
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