Advertisement
amednews.com
PROFESSIONAL ISSUES

Harvard economist argues that Match is not anticompetitive

Lawyers for plaintiffs in Match antitrust lawsuit cite other studies suggesting that matching systems do depress wages.

By Myrle Croasdale, AMNews staff. Oct. 13, 2003.


The National Resident Matching Program is not the culprit behind residents' relatively low wages, says Alvin Roth, PhD, a Harvard University economist and author of the Match's mathematical formula that links medical students with residencies.

Dr. Roth argued his perspective, which is contrary to claims made in an ongoing lawsuit against the Match, in an economic analysis in the Sept. 3 issue of the Journal of the American Medical Association. "The scientific hypothesis seems to say matches per se lower wages, and [the economic analysis] seems to say strongly that that hypothesis is false," Dr. Roth said.


ADVERTISEMENT

In May 2002, three residents filed a lawsuit alleging that the Match artificially depresses resident wages and restrains competition. The plaintiffs are seeking class-action status for all residents in the country.

Dr. Roth and his co-author looked at fellowship salaries to test the premise that abandoning the Match would cause resident salaries to rise. Internal medicine subspecialty programs within the same hospitals were compared. Some of the subspecialty programs participated in the Medical Specialties Matching Program, while others did not.

"Unlike residency training, fellowships are an optional part of a career path," Dr. Roth and his co-author stated. "Thus, potential fellows have market alternatives; fellowship programs must compete not only with other programs, but with less-specialized medical positions, because fellows could practice medicine without pursuing a fellowship."

[...]
Full text of AMNews content is available to AMA members and paid subscribers.

Copyright 2003 American Medical Association. All rights reserved.

RELATED CONTENT  You may also be interested in:
Match antitrust suit awaits action as Match Day arrives  March 17
Lawsuit could gut resident Match program  May 27, 2002