Aaron Pacitti,Michael Cauvel
Aaron Pacitti
Rent-seeking behavior is when individuals or firms acquire above-market returns by exercising economic and political power. We introduce an active-learning exercise, with discussion questions and extensions, to illustrate implications of re...
Thomas Michl,Hyun Woong Park
Thomas Michl
With an emphasis on contributing to macroeconomic pedagogy, we examine the collateral multiplier by comparing it to the traditional money multiplier in a simplified framework of traditional banking and shadow banking in which government bon...
US Health Care Expenditures, GDP and Health Policy Reforms: Evidence from End-of-Sample Structural Break Tests [0.03%]
美国医疗支出、GDP与卫生政策改革：来自终样结构突变检验的证据
Ben Brewer,Karen Smith Conway,Deniz Ozabaci et al.
Ben Brewer et al.
This research investigates the over-time stability of the aggregate US healthcare expenditure (HCE)-GDP relationship, focusing on periods of healthcare reforms. The most consequential reforms-Medicaid/Medicare and the Affordable Care Act (A...
Currency Devaluation as a Source of Growth in Africa: A Synthetic Control Approach [0.03%]
合成控制法下的非洲货币贬值与经济增长关系研究
Florence Bouvet,Roy Bower,Jason C Jones
Florence Bouvet
This study examines the impact of the 1994 IMF-supported CFA franc devaluation on GDP per capita in the CFA-franc zone using the augmented synthetic control methodology. With the exception of Mali, there is no statistical evidence that GDP ...
Menna Bizuneh
Menna Bizuneh
This study examines the duration of fixed exchange rate regimes to determine the factors that impact the probability of an exit from a peg. Using de facto exchange rate regime classification, we find that duration of a peg is non-monotonic....
Bryan C McCannon
Bryan C McCannon
I investigate the timing of the Stay-at-Home orders. I use daily Google search data to track early interest in the novel Coronavirus pandemic. I ask whether governors responded to heightened concern (i.e., following) or if their decisions a...
Assessing the Impact of Covid-19 Pandemic on Emerging Market Economies' (EMEs) Sovereign Bond Risk Premium and Fiscal Solvency [0.03%]
评估Covid-19大流行对新兴市场经济体主权债券风险溢价和财政偿债能力的影响
Menna Bizuneh,Menelik Geremew
Menna Bizuneh
The current globalized economic environment has made Emerging Market Economies (EMEs) highly exposed to global economic shocks. During the Covid-19 pandemic, EMEs have been facing increased health costs and heightened demand for fiscal stim...
Human Suffering and Natural Experiments: How Empirical Economics can unmask the devastation of Covid-19 [0.03%]
人类痛苦与自然实验：经验经济学如何揭穿新冠疫情的破坏力
Alexandre Olbrecht
Alexandre Olbrecht
Joshua Ping Ang,Tim Murray
Joshua Ping Ang
We investigate the effect of standardized mathematics scores for young adults on the number of COVID-19 cases in the USA. We find that a one-grade-level increase in test scores led to a decrease in COVID-19 cases 30, 60, and 90 days after t...
Aziz N Berdiev,James W Saunoris
Aziz N Berdiev
This study addresses a unique angle by examining an under looked determinant of entrepreneurship related to disease epidemics. In times of natural disasters, such as disease epidemics, new demands emerge that might promote entrepreneurship....