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We derive a parsimonious model of damage to corporate earnings from COVID-19. Using measures of expected damage from industry-level earnings forecast revisions, we estimate this model with nonlinear least squares and identifying restrictions related to forecast rationality. Forecasts in mid-May...
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This paper examines the effects of state-level adult and child seasonal flu vaccination rates on hourly real wages for women. Using an IV method to address possible endogeneity, we find a significantly positive effect of adult vaccination on women’s wages. Furthermore, we show that this effect...
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; Innovation ; Pharmaceuticals ; Health care expenditure ; Cointegration …
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; Innovation ; Pharmaceuticals ; Health care expenditure ; Cointegration …
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