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Offshoring domestic jobs : conference paper
Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2013
sharing, which results in aggregate unemployment. In this extended model, offshoring furthermore has non-monotonic effects on … unemployment and intra-group inequality among workers. The paper also offers a calibration exercise to quantify the effects of …
Persistent link: https://www.econbiz.de/10010338380
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Has creative destruction become more destructive?
Komlos, John - 2014
Schumpeter's concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with the...
Persistent link: https://www.econbiz.de/10010393293
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Welfare costs of inflation in a dynamic economy with search unemployment and endogenous growth
Heer, Burkhard - 2000
unemployment which is calibrated for the US economy. Interestingly, both employment and the growth rate may even increase with the …
Persistent link: https://www.econbiz.de/10009781573
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Fairness spillovers : the case of taxation
Cornelißen, Thomas; Himmler, Oliver; König, Tobias - 2010
It is standardly assumed that individuals adjust to perceived unfairness or norm violations in precisely the same area or relationship where the original offense has occurred. However, grievances over being exposed to injustice may have even broader consequences and also spill over to other...
Persistent link: https://www.econbiz.de/10008697792
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Sources of US longevity increase, 1960 - 1997
Lichtenberg, Frank R. - 2000
Between 1960 and 1997, life expectancy at birth of Americans increased approximately 10% G from 69.7 to 76.5 years G and it has been estimated that the value of life extension during this period nearly equaled the gains in tangible consumption. While life expectancy has tended to increase, there...
Persistent link: https://www.econbiz.de/10011397757
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The relationship between healthcare expenditure and disposable personal income in the US states : a fractional integration and cointegration analysis
Caporale, Guglielmo Maria; Cuñado Eizaguirre, Juncal; … - 2015
This study examines the relationship between healthcare expenditure and disposable income in the 50 US states over the period 1966-2009 using fractional integration and cointegration techniques. The degree of integration and non-linearity of both series are found to vary considerably across...
Persistent link: https://www.econbiz.de/10011283833
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Diminishing health, rising health care costs and long-run growth in local government spending
Skidmore, Mark; Dyar, William - 2015
Real local government spending in the United States has increased by 240% between 1972 and 2012, faster than can be explained by population growth (a 48% increase), growth in median household income (a 32% increase), or changes in other economic, demographic, and institutional variables...
Persistent link: https://www.econbiz.de/10011405131
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Plugging gaps in payment systems : evidence from the take-up of new medicare billing codes
Clemens, Jeffrey; Leganza, Jonathan M.; Masucci, Alex - 2021
Over the last decade, the U.S. Medicare program has added new billing codes to enhance the financial rewards for Chronic Care Management and Transitional Care Management. We show that the take-up of these new billing codes is gradual and exhibits substantial variations across markets and...
Persistent link: https://www.econbiz.de/10012599060
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Structural unemployment, underemployment, and secular stagnation
Hashimoto, Ken'ichi; Ono, Yoshiyasu; Schlegl, Matthias - 2020
economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …
Persistent link: https://www.econbiz.de/10012219698
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The real U.S. unemployment rate is twice the official rate, and the Phillips curve
Komlos, John - 2019
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major … unemployment rate by weighing part-time workers with 62.5%, the proportion of the time they work relative to full-time workers. We … provide new monthly estimates of the unemployment rate for the period 1994-2019 and find that their average during this 25 …
Persistent link: https://www.econbiz.de/10012104103