When the Medicare program was created in 1965, outpatient prescription drugs were left out of the benefit package, a decision that maintained consistency with standard private insurance plans of the time. Cost was one factor behind the exclusion, but a more fundamental reason related to the role...

Der Journalist Reichhart bietet hier einige kurze und hochaktuelle Einblicke in das moderne China. Der Autor lebt seit Jahren in diesem Land und hat viel von seinen beruflichen Erfahrungen einfliessen lassen. Ein kurzer Überblick über die Lage in diesem immer wichtiger werdenden Land....

The COVID-19 pandemic has caused economic shock waves across the globe. Much research addresses direct health implications of an infection, but to date little is known about how this shapes lasting economic effects. This paper estimates the workplace productivity effects of COVID-19 by studying...