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In his Labor Day address, President Biden stated that the U.S. "has the highest drug prices in the world, and there is no reason for it." For new branded drugs, the first part of that statement is supported by a recent RAND Report (Mulcahy et. al. 2021) which found U.S. average prices are 2.3...
Persistent link: https://www.econbiz.de/10014287373
effects in wage equations fo studying the effect of education. It also provides a human capital interpretation of these firm … matched structure of the data. Wage regressions including the computed factors confirm tha human capital is associated with …, the poor benefit from working in the textile sector in terms of wages unlike the middle and high wage workers. …
Persistent link: https://www.econbiz.de/10010720299
counterproductive consequences. This paper models a terrorist organization, a religious group from which the terrorists recruit suicide …
Persistent link: https://www.econbiz.de/10012462021
of completed suicide? The question is important in part because of recent government warnings that question the safety of … arguments that SSRIs could have either positive or negative effects on suicide, randomized clinical trials have not been very … estimate the effect of SSRI sales on suicide mortality using just the variation in SSRI sales that can be explained by cross …
Persistent link: https://www.econbiz.de/10012465750
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
We study the association between infectious disease prevalence and income inequality. We hypothesize that random social mixing in an income-unequal society brings into contact a) susceptible and infected poor and b) the infected-poor and the susceptible-rich, raising infectious disease...
Persistent link: https://www.econbiz.de/10014247975
Concerns have been raised about the "demise of democracy", possibly accelerated by pandemic-related restrictions. Using a survey experiment involving 8,206 respondents from five Western democracies, we find that subjects randomly exposed to information regarding civil liberties infringements...
Persistent link: https://www.econbiz.de/10013537740
The global COVID-19 vaccination campaign is the largest public health campaign in history, with over 2 billion people fully vaccinated within the first 8 months. Nevertheless, the impact of this campaign on all-cause mortality is not well understood. Leveraging the staggered rollout of vaccines,...
Persistent link: https://www.econbiz.de/10014421238
The authors study employment outcomes during the early stages of the COVID-19 pandemic in eight countries with … remained employed (but absent from work) versus unemployed or left the labor force. The authors find large employment decreases … variety of evidence suggests that labor demand was likely a larger driver of employment declines than labor supply and that …
Persistent link: https://www.econbiz.de/10015094871
This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …
Persistent link: https://www.econbiz.de/10012478446