NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

How do Hospitals Respond to Negative Financial Shocks? The Impact of the 2008 Stock Market Crash

David Dranove, Craig Garthwaite, Christopher Ody

NBER Working Paper No. 18853
Issued in February 2013

---- Acknowledgements -----

The authors would like to thank Jen Brown and Jon Skinner for valuable comments and guidance as well as Katie Johnson from the National Research Corporation and Laura Johnson from the Kaiser Family Foundation for providing useful data. Stephanie Holmes and Matt Schmitt provided valuable research assistance. All errors remain our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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