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Contemporary Economic Policy最新文献

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How much would it cost to guarantee debt for all publicly traded U.S. corporations? 为所有美国上市公司的债务提供担保需要多少钱？
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-06-21 DOI: 10.1111/coep.12657
Stephen Matteo Miller
{"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}
引用次数: 0
The effects of nurse practitioner scope of practice laws on diabetic health care costs 执业护士执业范围法对糖尿病医疗费用的影响
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-06-08 DOI: 10.1111/coep.12655
Alexandra Wallace, Moiz Bhai, Danny R. Hughes
{"title":"The effects of nurse practitioner scope of practice laws on diabetic health care costs","authors":"Alexandra Wallace,&nbsp;Moiz Bhai,&nbsp;Danny R. Hughes","doi":"10.1111/coep.12655","DOIUrl":"10.1111/coep.12655","url":null,"abstract":"<p>Type 2 Diabetes mellitus patients require regular monitoring and preventive care from healthcare professionals to avoid costly and potentially life-threatening complications. One approach for expanding access to primary care for diabetic patients is to change scope of practice laws for nurse practitioners to allow full practice authority (FPA). We find that state-level implementation of FPA reduces total health care costs for diabetics by approximately 20% in urban areas and reduces rural usage of advanced medical services for diabetics by about 10%. However, we see no effects of FPA on primary care claims, high A1c tests, or diabetic debridements.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"43 1","pages":"93-115"},"PeriodicalIF":1.7,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12655","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141369125","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}
引用次数: 0
Supplemental Nutrition Assistance Program and food expenditures: Evaluating California's cash-out policy 补充营养援助计划和食品支出：评估加利福尼亚州的兑现政策
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-05-25 DOI: 10.1111/coep.12650
Erik Hembre, Katherine McElroy, Shogher Ohannessian
{"title":"Supplemental Nutrition Assistance Program and food expenditures: Evaluating California's cash-out policy","authors":"Erik Hembre,&nbsp;Katherine McElroy,&nbsp;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}
引用次数: 0
Strategic behavior, artistic integrity, and tradeoffs in popular music 流行音乐中的战略行为、艺术完整性和取舍
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-05-21 DOI: 10.1111/coep.12649
Andrew Weinbach, Phillip Kamau Njoroge, Robert Salvino, Arch Woodside
{"title":"Strategic behavior, artistic integrity, and tradeoffs in popular music","authors":"Andrew Weinbach,&nbsp;Phillip Kamau Njoroge,&nbsp;Robert Salvino,&nbsp;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}
引用次数: 0
Seeing is believing: The effects of optometrist scope of practice expansion 眼见为实：扩大验光师执业范围的影响
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-05-15 DOI: 10.1111/coep.12645
Kihwan Bae, Edward Timmons, Protik Nandy
{"title":"Seeing is believing: The effects of optometrist scope of practice expansion","authors":"Kihwan Bae,&nbsp;Edward Timmons,&nbsp;Protik Nandy","doi":"10.1111/coep.12645","DOIUrl":"10.1111/coep.12645","url":null,"abstract":"<p>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.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"43 1","pages":"135-160"},"PeriodicalIF":1.7,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12645","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":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does a requirement to offer retirement plans help low-income workers save for retirement? Early evidence from the OregonSaves program 要求提供退休计划是否有助于低收入工人为退休储蓄？俄勒冈储蓄计划的早期证据
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-05-15 DOI: 10.1111/coep.12648
Ngoc Dao
{"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}
引用次数: 0
The effectiveness of government incentives for outward investment: The case of China's Belt and Road Initiative 政府对外投资激励措施的有效性：中国的 "一带一路 "倡议
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-04-30 DOI: 10.1111/coep.12646
Hangtian Xu, Fuqiang Yang, Wenzhuo Zheng
{"title":"The effectiveness of government incentives for outward investment: The case of China's Belt and Road Initiative","authors":"Hangtian Xu,&nbsp;Fuqiang Yang,&nbsp;Wenzhuo Zheng","doi":"10.1111/coep.12646","DOIUrl":"https://doi.org/10.1111/coep.12646","url":null,"abstract":"<p>Chinese government introduced a package of incentives to encourage enterprise internationalization under the 2013 Belt and Road Initiative. There is regional variation of this policy incentive, based on which, we examine its impact on listed firms' outward investment. The results evident resource misallocation in firms in specific industries which received incentives; instead of utilizing them for overseas investment, the beneficiary firms were directed toward increasing domestic investment. Contrarily, firms in industries that were not incentivized (restricted industries whose domestic development is not encouraged) were inclined to engage in overseas investment. We provide possible explanations.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"498-523"},"PeriodicalIF":1.7,"publicationDate":"2024-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141439661","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}
引用次数: 0
The pharmacist will see you now: Pharmacist prescriptive authority and access to care 药剂师现在要见您：药剂师的处方权和获得护理的机会
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-04-26 DOI: 10.1111/coep.12647
Shishir Shakya, Alicia Plemmons, Kihwan Bae, Edward Timmons
{"title":"The pharmacist will see you now: Pharmacist prescriptive authority and access to care","authors":"Shishir Shakya,&nbsp;Alicia Plemmons,&nbsp;Kihwan Bae,&nbsp;Edward Timmons","doi":"10.1111/coep.12647","DOIUrl":"10.1111/coep.12647","url":null,"abstract":"<p>In 2018, Idaho became the first state to grant broad prescriptive authority to pharmacists for select medications, such as rescue inhalers (a drug to prevent and treat asthmatic symptoms) and insulin pen needles (for people with diabetes). We analyze the impact of this reform on Medicare beneficiaries' access to these time-sensitive treatments. Our findings reveal increased Medicare Part D claims, 30-day fills, and 30-day supplies of albuterol sulfate and insulin pen needles following expanded pharmacist authority. This translates to approximately three additional patients per pharmacist receiving timely care, potentially preventing costly alternatives such as emergency room visits.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"43 1","pages":"161-174"},"PeriodicalIF":1.7,"publicationDate":"2024-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12647","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140810242","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}
引用次数: 0
Household carbon dioxide emissions Engel Curve dynamics 家庭二氧化碳排放量 恩格尔曲线动态变化
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-04-13 DOI: 10.1111/coep.12644
Robert Huang, Matthew E. Kahn
{"title":"Household carbon dioxide emissions Engel Curve dynamics","authors":"Robert Huang,&nbsp;Matthew E. Kahn","doi":"10.1111/coep.12644","DOIUrl":"10.1111/coep.12644","url":null,"abstract":"<p>Household carbon dioxide emissions depend on the household's attributes and location. Wealthier suburbanites drive more and consume more energy at home. In recent years, affluent individuals have been more likely to purchase electric vehicles and install solar panels. Using several datasets from California, we observe that these shifts in consumer behavior have flattened household Carbon Emissions Engel Curves in the transportation sector and the electricity sector. Based on voting data from a 2018 proposition to repeal a fuel tax in California, we document that communities tend to support higher fuel taxes when their vehicle fleet is more fuel-efficient.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"396-415"},"PeriodicalIF":1.7,"publicationDate":"2024-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140582532","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}
引用次数: 0
Supply of mental health practices after prescriptive authority expansion for psychologists 心理学家处方权扩大后心理健康实践的供应情况
IF 1.7 4区 经济学
Contemporary Economic Policy Pub Date : 2024-04-05 DOI: 10.1111/coep.12643
Angela Shoulders, Alicia Plemmons
{"title":"Supply of mental health practices after prescriptive authority expansion for psychologists","authors":"Angela Shoulders,&nbsp;Alicia Plemmons","doi":"10.1111/coep.12643","DOIUrl":"10.1111/coep.12643","url":null,"abstract":"<p>The prescription-privileges movement has advocated for state laws enabling trained psychologists to prescribe psychotropic medication. We examine the impact of these laws on healthcare access and outcomes. Using staggered difference-in-differences analysis and Data Axle data, we estimate the number of new mental health establishments per 100,000 people after policy implementation. Using CDC data, we analyze the policy's impact on suicide rates. We find the policy increased the number of psychology and counseling practices without decreasing the number of psychiatric practices, implying that these practices are complements rather than substitutes. Quality held steady, with no notable change in the suicide rate.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"43 1","pages":"116-134"},"PeriodicalIF":1.7,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12643","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140582852","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}
引用次数: 0
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