Image result for kellogg management logoCraig Garthwaite   




Curriculum Vita

Academic Publications

The Impact of Early Discharge Laws on the Health of Newborns, (with William Evans and Heng Wei), Journal of Health Economics, 2008, 27: 843-870.

The Economic Benefits of Pharmaceutical Innovations: The Case of Cox-2 Inhibitors, American Economic Journal: Applied Economics 2012 4(3): 116-137.

The Doctor Might See You Now: Supply Side Effects of Public Health Insurance Expansions,  American Economic Journal: Economic Policy 2012 4(3): 190-217.


Estimating Heterogeneity in the Benefits of Medical Treatment Intensity (with William Evans), The Review of Economics and Statistics, 2012, 94(3): 635-649

Can Celebrity Endorsements Affect Political Outcomes? Evidence from the 2008 U.S. Democratic Presidential Primary (with Timothy J. Moore), The Journal of Law, Economics, and Organization, 2013, 29(2): 355-384.

Giving Mom a Break: The Impact of Higher EITC Payments on Maternal Health (with William Evans), American Economic Journal: Economic Policy, 2014, 6(2): 258-290.

Demand Spillovers, Combative Advertising, and Celebrity Endorsements, American Economic Journal: Applied Economics, 2014, 6(2); 76-104.

Public Health Insurance, Labor Supply, and Employment Lock (with Tal Gross and Matthew Notowidigdo), Quarterly Journal of Economics, 2014, 129(2): 653-696.

The Impacts of the 2008 Economic Downturn on the Health Spending of the Insured (with David Dranove and Christopher Ody), Health Affairs, 2014, 33(8): 1399-1406.

 The Economic Downturn And Its Lingering Effects Reduced Medicare Spending Growth By $4 Billion In 2009–12 (with David Dranove and Christopher Ody), Health Affairs, 2015, 34(8): 1368-1375.

The Market Impacts of Product Patents in Developing Countries: Evidence from India (with Mark Duggan and Aparajita Goyal), American Economic Review, 2016, 106(1): 99-135

Investment Subsidies and the Adoption of Electronic Medical Records in Hospitals, (with David Dranove, Chris Ody, and Bingyang Li), Journal of Health Economics, 2016, 44: 309-319. 

Uncompensated Care Decreased at Hospitals in Medicaid Expansion States But Not At Hospitals in Nonexpansion States (with David Dranove and Christopher Ody), Health Affairs, 2016, 35(8): 1471-1479.

The White/Black Educational Gap, Stalled Progress, and the Long Term Consequences of the Emergence of Crack Cocaine Markets, (with William Evans and Timothy J. Moore), The Review of Economics and Statistics, 2016, 98(5): 832–847


Early Impact of the Affordable Care Act on Emergency Department Use, (with John Graves, Tal Gross, and Matthew Notowidigdo), Annals of Internal Medicine, Feb 7, 2017, 166(3):172-179

How Do Hospitals Respond to Negative Financial Shocks? The Impact of the 2008 Stock Market Crash (with David Dranove and Christopher Ody), The RAND Journal of Economics, 2017, 48(2): 485–525.

Success and Failure in the Insurance Exchanges (with John Graves), New England Journal of Medicine, March 9, 2017, 376(10):907-910

The Economics of Indication Based Pricing (with Amitabh Chandra), New England Journal of Medicine, July 2017, 377(2):103-106.

Characterizing the Drug Development Pipeline for Precision Medicines (with Amitabh Chandra and Ariel Dora Stern), forthcoming, Economic Dimensions of Personalized and Precision Medicine.


Working Papers

Guns and Violence: The Enduring Impact of Crack Cocaine Markets on Young Black Males (with Bill Evans and Timothy J. Moore)

Pharmaceutical Profits and Innovation: Evidence from Medicare Part D and the Biotechnology Sector, NBER Working Paper #20212, under review (with David Dranove and Manuel Hermosilla)

Insurance and the High Prices of Pharmaceuticals (with David Dranove and David Besanko), NBER Working Paper #22353, June 2016.

The Orphan Drug Act at 35: Observations and an Outlook for the 21st Century (with Nicholas Bagley, Amitabh Chandra, and Ariel Dora Stern)


Permanent Working Papers


The Effect of In-Utero Conditions on Long Term Health:  Evidence from the 1918 Spanish Flu Pandemic, May 2008 (First Draft: July, 2007)



Other Publications

A Floor-and-Trade Proposal to Improve the Delivery of CharityCare Services by U.S. Nonprofit Hospitals, (with David Dranove and Christopher Ody), The Hamilton Project Discussion Paper Series, 2015.


Empirical Evidence on the Value of Pharmaceuticals, (with Mark Duggan), in The [Oxford]

Handbook of the Economics of the Biopharmaceutical Industry, 2012.


Starbucks: A Story of Growth, (with Jen Brown and Meghan Busse), 2011. Kellogg Case #5-211-259.

The Global Aircraft Manufacturing Industry, 2002-2011 (with Jen Brown), 2012.  Kellogg Case #5-312-505.


Sovaldi: Pricing a Breakthrough Drug, (with Meghan Busse), 2015, Kellogg Case.