Congratulations to Pierre-Carl Michaud, Professor HEC Montreal and Raquel Fonseca, Professor ESG UQAM, both researchers and CIRANO Fellows, for their upcoming publication in the Journal of Political Economy.

The study "Understanding Cross-country Differences in Health Status and Expenditures: Health Price Matters", co-authored by Raquel Fonseca, Francois Langot, Pierre-Carl Michaud and Thepthida Sopraseuth, took 7 years to complete.  It shows the importance of price distortions in explaining differences in health and health care spending across countries.

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