The COVID-19 pandemic has led to a “second pandemic” of anxiety and depression. While vaccines are primarily aimed at … and depression symptoms by nearly 30%. Nearly all the benefits are private benefits, and we find little evidence of … spillover effects, that is, increases in community vaccination rates are not associated with improved anxiety or depression …

Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand … patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …

Single mothers are more likely to experience mental health problems and stress-related negative health behaviors, but a …

shock, which was followed by additional new information in a later CDC recommendation. We use data on consumer risk … data). The empirical model examines changes in risk perceptions during the early crisis period when the CDC was warning … CDC recommendation changed to emphasize the role of THC e-cigarette products, e-cigarette risk perceptions were partially …

The hospital industry is one of the most important industries in the U.S., and industry structure can have profound … Hospital Survey and Construction Act of 1946, known as the Hill-Burton program, on hospital capacity, organization of the … hospital industry, and utilization. We find that the program generated substantial increases in capacity and these changes were …

changes in the future disease risk. I argue these facts may be explained by a model in which perceived risk of disease is …

during the sharp risk-off shock in early 2020 when Covid-19 spread globally. We measure financial stress using a new dataset …, and counterparty location of funding—and the extent of financial stress experienced in different countries and sectors …-sector-time panels to assess how different funding structures are related to financial stress. A higher share of funding from non …

In this paper we: (i) provide a model of the endogenous risk intolerance and severe aggregate demand contractions … addressing these contractions. The key mechanism stems from heterogeneous risk tolerance: as a recessionary shock hits the … economy and brings down asset prices, risk-tolerant agents' wealth share declines and their leverage rises endogenously. This …