1. Department of Business and Economics, University of Southern Denmark, Campusvej 55, 5230-DK Odense, Denmark
2. Department of Economics, University of Copenhagen, Øster Farimagsgade 5, DK-1353 Copenhagen K, Denmark, and CEPR
3. Danish Centre for Health Economics, University of Southern Denmark, J.B. WinslØws Vej 9, DK-5000 Odense, Denmark