Browsing by Author "Tagle Le Blanc, León"

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    Search and competition in the market for sick leaves
    (2024) Tagle Le Blanc, León; Figueroa González, Nicolás Andrés; Celhay, Pablo; Pontificia Universidad Católica de Chile. Instituto de Economía
    This paper develops a market framework for sick leaves between physicians and patients, where patients imperfectly search for physicians based on their heterogenous quality and endogenous issuance leniency. This framework ratio- nalizes the effects of competition on sick leave issuance as well as the assortative matching between “dishonest” physicians and patients. Using data on sick leaves from Chile’s national insurer, a specification of this framework is estimated and counterfactual scenarios are run. We find that a 64% rise in the fine associated to sick leave issuance would reduce aggregate sick leaves in the market by 32%.