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Evidence on cannabis legalization's effects on mental health remains scarce, despite both rapid increases in cannabis use and an ongoing mental health crisis in the United States. We use granular geographic data to estimate medical cannabis dispensary availability's effects on self-reported...
Persistent link: https://www.econbiz.de/10014544792
construction of city-specific price and purity series that pay careful attention to the data and incorporate existing knowledge of …
Persistent link: https://www.econbiz.de/10012464423
User sanctions influence the legal risk for participants in illegal drug markets. A change in user sanctions may change retail drug prices, depending on how it changes the legal risk to users, how it changes the legal risk to dealers, and the slope of the supply curve. Using a novel dataset with...
Persistent link: https://www.econbiz.de/10012465236
functions for the period from 1975 through 2003. My estimates suggest that changes in price can explain a good deal of the … percent increase in the real price of cigarettes since 1997 due to the Medicaid Master Settlement Agreement explains almost … increase in the real price of beer between 1990 and 1992 due to the Federal excise tax hike on that beverage in 1991 accounts …
Persistent link: https://www.econbiz.de/10012467739
Recent studies have shown that efforts to curb alcohol use by increasing the price of alcohol and limiting youth … complements, sot that increasing the price of any one will decrease the demand for marijuana. The results of this paper will help …
Persistent link: https://www.econbiz.de/10012471867
price of cigarettes as a way to discourage youths from smoking. One argument used to oppose these bills is that increases in … the price of cigarettes would cause youths to substitute marijuana for cigarettes. Although it has long been believed that …. Examination of the cross-price effects clearly shows that higher cigarette prices will not increase marijuana use among youths. In …
Persistent link: https://www.econbiz.de/10012471868
Preferences and attitudes to illicit drug policy held by individuals are likely to be an important influence in the development of illicit drug policy. Among the key factors impacting on an individual's preferences over substance use policy are their beliefs about the costs and benefits of drug...
Persistent link: https://www.econbiz.de/10012461862
We study specialized lending in a credit market competition model with private information. Two banks, equipped with similar data processing systems, possess "general" signals regarding the borrower's quality. However, the specialized bank gains an additional advantage through further...
Persistent link: https://www.econbiz.de/10014486246
We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations. Using unique and comprehensive pricing and bookings data for competing...
Persistent link: https://www.econbiz.de/10013362001