We use an expected utility framework to examine how living standards, or welfare, vary across the U.S. and how each state's welfare has evolved over time. Our welfare measure accounts for cross-state variations in mortality, consumption, education, inequality, and cost of living. While...

We use an expected utility framework to examine how living standards vary across the United States and how each state's living standards have evolved over time. Our welfare measure accounts for cross-state variations in mortality, consumption, education, inequality, and cost of living. We find...

This Note is meant to present an overview of what economists have analyzed regarding the implications of two main components of the CARES Act that impact individuals: the increased UI benefits and the stimulus checks. We present the findings from the literature on these two policies with an eye...

This paper analyzes primary care physicians' (PCP) response to fee-for-service pricing as the degree of urbanity varies. Data analysis of Medicare microdata documents that PCP provide more (remunerative) specialty procedures in less urban areas, where specialists are fewer. Using a structural...

A long-standing challenge in the US health care system is the provision of medical services to rural areas. This paper develops a structural spatial equilibrium model with heterogeneous physicians and uses it to explore the impact of policies on the geographical distribution of physicians. I...

Primary care physicians (PCPs) provide more specialty procedures in less-urban areas, where specialists are fewer. Using a structural random-coefficient model and the demographic and time variation in the data, this paper shows that changes in policy-set reimbursements lead to a reallocation of...