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For U.S. annual data that include WWII, the estimated multiplier for temporary defense spending is 0.4-0.5 contemporaneously and 0.6-0.7 over two years. If the change in defense spending is "permanent" (gauged by Ramey's defense-news variable), the multipliers are higher by 0.1-0.2. The...
Persistent link: https://www.econbiz.de/10012463281
We investigate how the employment-based health insurance system in the U.S. affects individuals' life-cycle health … turnovers lead to dynamic inefficiencies in health investment, and particularly, it suggests that employment-based health … the U.S. as a result of the employment-based health insurance system. We also evaluate and cast doubt on alternative …
Persistent link: https://www.econbiz.de/10012465279
We model the employment and medical care decisions of older men who face health risk. The budget constraint … insurance is tied to continued employment with his current employer faces the risk of large medical expenditures in the event of … retiree health insurance or who has access to other health insurance not tied to his employment decision (e.g., from his wife …
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present a theoretical overview of the effects of health insurance on mobility and wage/employment determination. I critically …
Persistent link: https://www.econbiz.de/10012472051
support these regions or sectors is to pay employment subsidies. We present evidence showing that capital subsidies are … empirically much more important than employment subsidies. We then discuss possible explanations for the dominance of investment …-firm bargaining also gives rise to underinvestment. In this framework, it turns out that an investment subsidy dominates an employment …
Persistent link: https://www.econbiz.de/10012472128
short run and on academic test scores, employment, and income in the long run, while suggesting that most parents will not …
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