  {"id":25843,"date":"2026-05-19T12:41:27","date_gmt":"2026-05-19T10:41:27","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=events&#038;p=25843"},"modified":"2026-05-19T12:41:42","modified_gmt":"2026-05-19T10:41:42","slug":"df-lunch-seminar-with-merih-sevilir-iwh-and-esmt-berlin","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-en\/events\/df-lunch-seminar-with-merih-sevilir-iwh-and-esmt-berlin\/","title":{"rendered":"DF Lunch Seminar with Merih Sevilir (IWH and ESMT-Berlin)"},"content":{"rendered":"\n<section class=\"py-0 wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.eventbrite.fr\/e\/df-lunch-seminar-merih-sevilir-iwh-and-esmt-berlin-tickets-1989895710637?aff=oddtdtcreator&#038;utm_source=eventbrite&#038;utm_medium=email&#038;utm_campaign=post_publish&#038;utm_content=shortLinkNewEmail\"\n                target=\"_blank\"\n        class=\"btn btn--primary\"\n            >Register<\/a>\n<\/li>\n\n\n<li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/events\/df-lunch-seminar-with-merih-sevilir-iwh-and-esmt-berlin\/calendar\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Add to calendar<\/a>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"creative-destruction-in-the-healthcare-sector-hospital-closures-and-patient-outcomes\"\n    >\n&#8220;Creative Destruction in the Healthcare Sector: Hospital Closures and Patient Outcomes&#8221;<\/h4>\n\n\n\n<p>With the Lunch Seminar series, the Department of Finance is bringing eminent and up-and-coming researchers from around the world to Luxembourg.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"abstract\"\n    >\nAbstract<\/h4>\n\n\n\n<p>Since 1975, the US has seen the net closure of over 800 hospitals, with more ex-pected following the recent $1 trillion reduction in federal healthcare spending. This trend underscores the need to better understand how closures impact patient outcomes. Using confidential patient-level data, we track patients who are displaced from closed hospitals and forced to seek treatment elsewhere, measuring their outcomes pre- and post- closure. We find patients at closing hospitals who subsequently switch to another facility experience better health outcomes, relative to patients who do not lose their hospital. Patients displaced by closures tend to receive treatment at higher quality hospitals characterized by stronger financial performance and higher staffing ratios, suggesting that market exit by inefficient providers may reallocate patients toward better-performing institutions. While average displaced patients find higher quality care, elderly patients in rural areas experience elevated mortality rates, suggesting limited accessibility to substitute providers. Overall, our findings reveal heterogeneous effects of hospital closures: while they may enhance care quality and efficiency for most patients, they pose risks to patient health in immobile populations.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"about-the-speaker\"\n    >\nAbout the speaker<\/h4>\n\n\n\n<p><a href=\"https:\/\/esmt.berlin\/person\/merih-sevilir\">Merih Sevilir<\/a> is Professor of Finance at ESMT Berlin. At the same time, she is the head of the Department of Laws, Regulations and Factor Markets at IWH Halle Institute for Economic Research.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"language\"\n    >\nLanguage<\/h4>\n\n\n\n<p>English.<\/p>\n\n\n\n<p>This is a free event. Registration is mandatory.<\/p>\n\n\n\n<p>Cold lunches are provided to registered participants only.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"in-collaboration-with\"\n    >\nIn collaboration with<\/h4>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--contain\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-300x50.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1024x172.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-768x129.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1536x258.png 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-2048x344.png 2048w\"\n                style=\"object-position: 50.00% 50.00%; font-family: &quot;object-fit: contain; object-position: 50.00% 50.00%;&quot;; aspect-ratio: 32\/9; object-fit: contain; width: 100%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<p><em><em>Supported by the Luxembourg National Research Fund (RESCOM\/2025\/LE\/19440690)<\/em><\/em><\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":85,"featured_media":19172,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":{"x":0,"y":0.32},"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2026-06-04 12:30:00","event_end_date":"2026-06-04 13:45:00","event_speaker_name":"Prof. Merih Sevilir","event_speaker_link":"","event_is_online":false,"event_location":" Kirchberg Campus","event_street":"6, rue Richard Couden\u00ad\u00ad\u00adhove-Kalergi","event_location_link":"https:\/\/www.uni.lu\/en\/about\/campuses\/kirchberg-campus\/","event_zip_code":"1359","event_city":"Luxembourg","event_country":"Luxembourg"},"events-topic":[301],"events-type":[323,322,315],"organisation":[116,101],"authorship":[85],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DF Lunch Seminar: Liquid Wealth and Consumption Smoothing with Pascal Noel (8xav福利导航 of Chicago) \u2013 8xav福利导航 of Luxembourg<\/title>\n<meta name=\"description\" content=\"Join the DF Lunch Seminar at the 8xav福利导航 of Luxembourg on 23 April 2026, featuring Professor Pascal Noel from the 8xav福利导航 of Chicago. Discover insights into liquid wealth and consumption smoothing of typical labor income shocks. Registration is mandatory and free cold lunches are provided to participants. Supported by the Luxembourg National Research Fund.FDEF EN\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-en\/events\/df-lunch-seminar-with-merih-sevilir-iwh-and-esmt-berlin\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DF Lunch Seminar with Merih Sevilir (IWH and ESMT-Berlin)\" \/>\n<meta property=\"og:description\" content=\"Join the DF Lunch Seminar at the 8xav福利导航 of Luxembourg on 23 April 2026, featuring Professor Pascal Noel from the 8xav福利导航 of Chicago. Discover insights into liquid wealth and consumption smoothing of typical labor income shocks. 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