{"title":"COVID vaccination and social norms","authors":"Jonathan Cook, Noah Newberger, Sami Smalling","doi":"10.1111/coep.12663","DOIUrl":"10.1111/coep.12663","url":null,"abstract":"<p>We quantify the impact of county-level vaccination rates on vaccine uptake. While the marginal effect at current vaccination rates is modest, the overall impact is large. Moving from a 0% to 15% vaccination rate in a county is associated with an increase in the daily uptake of over 10 fold. Our results shed light on the rise and decline of vaccine hesitancy and imply an externality of vaccination programs. For Ohio's Vax-A-Million lottery, a back-of-the-envelope calculation finds that there were an additional 30,000 vaccinations immediately following the lottery as a result of the increased vaccinations from the lottery.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 4","pages":"660-682"},"PeriodicalIF":1.7,"publicationDate":"2024-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141868736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A SALT on real estate? Housing market and migration responses to the limit on the state and local tax deduction","authors":"Lawrence M. Kessler, Donald Bruce","doi":"10.1111/coep.12659","DOIUrl":"10.1111/coep.12659","url":null,"abstract":"<p>The 2017 Tax Cuts and Jobs Act placed a $10,000 limit on the deductibility of state and local taxes (SALT) for federal tax purposes. This policy change likely increased the cost of home ownership for some households in high-tax areas. We examine whether these costs were capitalized into the local housing market through slower growth in housing prices. Motivated by the argument that the SALT cap caused some taxpayers to relocate, we also examine whether the cap influenced interstate migration patterns. The cap led to a sizable reduction in home price growth but had no discernable impact on state-to-state migration.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 4","pages":"683-704"},"PeriodicalIF":1.7,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141779437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The economic effect of discrimination: Evidence from the restaurant sector","authors":"Guanting Yi","doi":"10.1111/coep.12660","DOIUrl":"https://doi.org/10.1111/coep.12660","url":null,"abstract":"Discrimination often leads to economic consequences for affected groups. This study examines the economic impact of consumer discrimination on Chinese restaurants in the U.S. during the COVID‐19 pandemic's onset. Using cell phone data and revenue records, it identifies a significant −10% relative decline in visits to Chinese restaurants by April 2020, resulting in a $35 million loss. The study finds supply‐side factors, such as restaurant closures and online business transitions, had limited impact, highlighting demand‐side factors like county‐level political affiliation, racial diversity, and Asian population ratios as significant contributors.","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"25 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141744187","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Economic freedom for women and fertility","authors":"Kerianne Lawson","doi":"10.1111/coep.12658","DOIUrl":"https://doi.org/10.1111/coep.12658","url":null,"abstract":"Numerous studies in the development economics literature examine the connection between fertility and economic development. The consensus in the research is that as a nation develops and incomes rise, fertility rates decline. However, economic freedom and policies aimed at generating economic opportunities for women may also affect fertility rates. This article utilizes the Economic Freedom of the World Index, and the associated Gender Disparity Index to discuss how economic freedom and, specifically, economic freedom for women is related to fertility, and other fertility‐related outcomes.","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"34 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2024-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141509076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The effects of Title IX enforcement on sexual assaults on college campuses","authors":"Patrick Reilly, Kamilah Williams, Monica Das","doi":"10.1111/coep.12656","DOIUrl":"10.1111/coep.12656","url":null,"abstract":"<p>This study investigates the impact of U.S. Department of Education's Office of Civil Rights (OCR) investigations, prompted by the “Dear Colleague Letter” (DCL) in 2011, on sexual assaults in educational institutions. While previous research has primarily focused on the effects of OCR investigations on enrollments and reputation, using a potential outcome model (POM) and an event study, we analyze treatment effects across different school types, considering factors like endowments. We find the strongest treatment effect in private baccalaureate schools, underscoring the importance of school-specific factors in understanding the role played by OCR investigations in addressing sexual assaults on campuses.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 4","pages":"705-721"},"PeriodicalIF":1.7,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141509077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How much would it cost to guarantee debt for all publicly traded U.S. corporations?","authors":"Stephen Matteo Miller","doi":"10.1111/coep.12657","DOIUrl":"10.1111/coep.12657","url":null,"abstract":"<p>Estimated marked-to-market values of guaranteeing debt ex ante for all available publicly traded US corporations from Q4 1971 to Q4 2022 reveal that the largest estimates periodically arise with a handful of large financial corporations, but significant estimates can arise for nonfinancial corporations. In real Q1 2010 US dollars, the aggregate cost of guaranteeing debt reached $983 billion in Q1 2009 and $284.78 billion in Q1 2020 during the COVID-19 pandemic. Large observed guarantee estimates may reflect moral hazard, but also concerns about avoiding substantial increases in unemployment or maintaining the provision of essential services during national emergencies.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 4","pages":"604-622"},"PeriodicalIF":1.7,"publicationDate":"2024-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141509078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Erik Hembre, Katherine McElroy, Shogher Ohannessian
{"title":"Supplemental Nutrition Assistance Program and food expenditures: Evaluating California's cash-out policy","authors":"Erik Hembre, Katherine McElroy, Shogher Ohannessian","doi":"10.1111/coep.12650","DOIUrl":"10.1111/coep.12650","url":null,"abstract":"<p>This paper investigates how Supplemental Nutrition Assistance Program (SNAP) eligibility affects food expenditures. A 2019 policy change in California granted SNAP eligibility to previously ineligible Supplemental Security Income (SSI) recipients. Using the Consumer Expenditure Survey, we find that after the policy change, affected SSI recipients increased their “food at home” budget share between 2.5 and 4.3 percentage points ($120 to $206 per quarter). The SNAP effect on total food expenditures is dampened by a decrease in “food away from home” which SNAP benefits cannot be spent on.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"544-573"},"PeriodicalIF":1.7,"publicationDate":"2024-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141151784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Andrew Weinbach, Phillip Kamau Njoroge, Robert Salvino, Arch Woodside
{"title":"Strategic behavior, artistic integrity, and tradeoffs in popular music","authors":"Andrew Weinbach, Phillip Kamau Njoroge, Robert Salvino, Arch Woodside","doi":"10.1111/coep.12649","DOIUrl":"10.1111/coep.12649","url":null,"abstract":"<p>This study examines market concentration's influence on popular music. The data cover popular music from weekly Billboard Hot 100 songs from 1952 to 1989, for which song characteristic data including tempo and duration is available from the Million Song Dataset (MSD). Greater market concentration of the top four artists is found to impact song length, with longer #1 songs and shorter songs in the #2 through #10 spots on the Billboard charts. However, tests for alterations in song construction by top artists that might indicate a form of “sell-out” behavior do not reveal evidence of it.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"483-497"},"PeriodicalIF":1.7,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12649","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141114500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does a requirement to offer retirement plans help low-income workers save for retirement? Early evidence from the OregonSaves program","authors":"Ngoc Dao","doi":"10.1111/coep.12648","DOIUrl":"10.1111/coep.12648","url":null,"abstract":"<p>This study examines the first implementation of the state-run retirement savings program in Oregon, known as OregonSaves, in 2017. It offers early insights into the substantial impact of this mandated program on retirement savings among previously uncovered private workers. Results from difference-in-difference models using SIPP data indicate a 12 percent increase in Individual Retirement Account (IRA) ownership among Oregon workers after the program's roll-out. Notably, the study discerns significant gains for lower-income, single, and older workers, as well as workers of small-size firms who previously lacked retirement savings plan coverage. Findings also suggest additional savings resulting from the mandate.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"524-543"},"PeriodicalIF":1.7,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140976755","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Seeing is believing: The effects of optometrist scope of practice expansion","authors":"Kihwan Bae, Edward Timmons, Protik Nandy","doi":"10.1111/coep.12645","DOIUrl":"https://doi.org/10.1111/coep.12645","url":null,"abstract":"We examine how the emergence of optometrists as new “eye doctors” affected population eye health outcomes and optometrist earnings in the United States. Using the staggered adoption of optometrist prescription authority across states, we find suggestive evidence that optometrist scope of practice expansion reduced vision impairment and mitigated racial and ethnic disparities in eye health. We also find that the policy is associated with an increase in hourly wages among optometrists who are not self‐employed. These findings imply that allowing optometrists to use medications for eye treatments effectively expanded the primary eye care workforce and therefore improved public eye health.","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"53 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141151733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}