Showing 1 - 10 of 371
We examine the relationship between the adoption of EMR and hospital operating costs. We first identify a puzzle that has been seen in prior studies: Adoption of EMR is associated with a slight cost increase. We draw on the literature on IT and productivity to demonstrate that the average effect...
Persistent link: https://www.econbiz.de/10013036633
This paper presents market-based evidence that President Trump influences expectations about monetary policy. We use tick-by-tick fed funds futures data and a collection of Trump tweets criticizing the conduct of monetary policy and consistently advocating that the Fed lower interest rates....
Persistent link: https://www.econbiz.de/10012862403
Blockchain technology provides decentralized consensus and potentially enlarges the contracting space using smart contracts with tamper-proofness and algorithmic executions. Meanwhile, generating decentralized consensus entails distributing information which necessarily alters the informational...
Persistent link: https://www.econbiz.de/10012925288
dispatches for more severe injuries, dispatches for minor injuries rose sharply after the implementation of the ACA. By contrast …
Persistent link: https://www.econbiz.de/10012922223
Yearly Progress. While the federal government's legislation provided a framework for NCLB implementation, it also gave states …% across states. In this paper, we explore how states' NCLB implementation decisions affected their schools' failure rates … characteristics like enrollment size, grade span, and ethnic diversity. Subtle differences in policy implementation led to dramatic …
Persistent link: https://www.econbiz.de/10013082653
implications for the ongoing policy debate over government investment in broadband infrastructure to encourage productivity and …
Persistent link: https://www.econbiz.de/10013030144
We study the effect of hospital adoption of electronic medical records (EMRs) on health outcomes, particularly patient safety indicators (PSIs). We find evidence of a positive impact of EMRs on PSIs via decision support rather than care coordination. Consistent with this mechanism, we find an...
Persistent link: https://www.econbiz.de/10013018727
This paper provides direct empirical evidence on the relationship between technology and firms' global sourcing strategies. Using new data on U.S. firms' decisions to contract for manufacturing services from domestic or foreign suppliers, I show that a firm's adoption of communication technology...
Persistent link: https://www.econbiz.de/10012984719
We study how tax policies that lower the cost of capital impact investment and labor demand. Difference …-in-differences estimates using confidential Census Data on manufacturing establishments show that tax policies increased both investment and … complementary inputs in modern manufacturing. Our results show that tax policies that incentivize capital investment do not lead …
Persistent link: https://www.econbiz.de/10014353013
Research and development (Ramp;D) is a key determinant of long run productivity and welfare. A central issue is whether a decentralized economy undertakes too little or too much Ramp;D. We develop an endogenous growth model that incorporates parametrically four important distortions to Ramp;D:...
Persistent link: https://www.econbiz.de/10012754803