NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Bargaining in the Shadow of a Giant: Medicare's Influence on Private Payment Systems

Jeffrey Clemens, Joshua D. Gottlieb

NBER Working Paper No. 19503
Issued in October 2013

---- Acknowledgements -----

We gratefully acknowledge support and data provided by the National Institute on Aging under grant P01AG031098 to the National Bureau of Economic Research. Clemens further thanks the Institute for Humane Studies and the Stanford Institute for Economic Policy Research. Gottlieb further thanks the NIA for a training fellowship provided under grant T32-AG000186-23 to the NBER, the Taubman Center for State and Local Government, the Institute for Humane Studies, and PWIAS.We thank Laurence Baker, Paul Beaudry, Prashant Bharadwaj, Kate Bundorf, Amitabh Chandra, Julie Cullen, David Cutler, Liran Einav, Jeff Emerson, Nancy Gallini, Ed Glaeser, Roger Gordon, R.B. Harris, Dan Kessler, Thomas Lemieux, Kevin Milligan, Karthik Muralidharan, Joe Newhouse, Sean Nicholson, Carolin Pflueger, Marit Rehavi, Dan Sacks, Paul Schrimpf, Jonathan Skinner, Amanda Starc, Francesco Trebbi, Danny Yagan, conference and seminar participants, and especially our discussants Mike Dickstein and Neale Mahoney for helpful comments and discussions. 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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