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Health Economics

Hospital hallway with students observing a procedure

Health Economics

Health economics draws together the ideas and tools of various fields of economics including econometrics, public finance, labour market economics, and industrial organization to study the economics of health and health care systems. These are combined with sector-specific institutional knowledge both to study and to contribute policy advice regarding the health sector.

Topics are diverse including, for example, tax policy concerning health-related behaviours, payment models for the health workforce, insurance and financing schemes for health care, equity in health and health care, the dynamics of health, and determinants of physical and mental health outcomes.

Researchers

Paul Conotoyannis Learn More

Head of the Health Research Unit (Athens Institute for Education and Research [ATINER]), Associate Professor

My research focuses on health economics and microeconometrics. Recent work has looked at the dynamics of depression in adolescence in the United States and the effects of the delisting of high strength opioids on the prescription of opioids in Ontario, and changes to the insurance coverage of under 25’s on the prescription of antidepressants in Ontario. Other work is focused on the effects of recent changes to the benefit system on opioid and antidepressant prescribing in the United Kingdom.

Michel Grignon Learn More

Associate Scientist of Institut de Recherche et Documentation en Èconomie de la Santé, Editor-in-chief of Health Reform Observer – Observatoire des Réformes de Santé, Graduate Chair of the Department of Health, Aging & Society, Professor

Jeremiah Hurley Learn More

Dean of Social Sciences, Director McMaster Decision Science Laboratory (McDSL), Professor

I am Dean of the Faculty of Social Sciences; a professor and former Chair in the Department of Economics; a member of the Centre for Health Economics and Policy Analysis, and an associate member of the Department of Health Research Methods, Evidence, and Impact (HEI), all at McMaster University.

My research on the economics of health and health care systems includes physician behaviour, funding models and resource association in health care, public and private roles in health care financing, financial incentives in health systems, equity in health systems, normative frameworks in health economics, and the application of experimental economic methods in health research. I have publications in leading health economic, health policy, and health services research journals and have acted as a consultant to regional, provincial, national and international agencies. I am the author of the Canadian health economics textbook, Health Economics.

Arthur Sweetman Learn More

Ontario Research Chair in Health Human Resources, Professor

The majority of my research in health economics is at the intersection with labour economics focusing on the health workforce (i.e., health human resources). This includes program evaluation style analysis examining the impacts of policy changes on practice patterns and patient outcomes. It also includes observational studies focused on understanding the “stylized facts” (empirical trends/relationships) that underpin policy decision-making. Additionally, I do some research looking at health insurance, health behaviours and other aspects of health economics.

Michael Veall Learn More

Academic Director Statistics Canada Research Data Centre, Professor

My past research in this area was with research teams studying public prescription drug insurance and food insecurity. More recently I have worked with other researchers on the nexus of health, pension receipt and retirement and more broadly on the relationship of income inequality and health.

Jonathan Zhang Learn More

Assistant Professor

My main research areas are in health economics and public finance. I study how supply-side factors, policies, and shocks impact individual wellbeing. Much of my research include a focus mental health topics ranging from understanding the determinants and consequences of mental health delivery and substance abuse to the impact of cash transfers for people with mental disabilities. I also collaborate closely with the US Department of Veterans Affairs to evaluate reforms and policies that improve immediate care delivery and long-term outcomes. I received my PhD from Stanford in 2020 and was a postdoctoral scholar at Princeton in 2020-21.

Akwugo Balogun

PhD Student

Sergei Filiasov

PhD Student

My research in Health Economics focuses on mechanisms through which health shocks to family members affect family financial stability, and family income and its components in general. In particular, I study the role of family structure (e.g., the role of marital status, presence of children and their endogeneity) in alleviating or propagating the effects of cancer on family income and its components. Another area of interest is the application of minimax-regret statistical treatment rules in clinical trial data with multiple treatment arms and with non-linear welfare functions.

Zichun Zhao

PhD Student

I am a PhD candidate in Economics at McMaster University. My research interests are in Health Economics and Public Economics. Currently, I am focusing on the impact of public policy on health care utilization, health behaviour and private health insurance availability in Canada, especially regarding public health programs and minimum wages.