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Contemporary Economic Policy最新文献

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Competition and health-care spending: Theory and application to Certificate of Need laws 竞争与医疗支出：需求证明法的理论与应用
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-08-12 DOI: 10.1111/coep.12584
James Bailey, Tom Hamami
{"title":"Competition and health-care spending: Theory and application to Certificate of Need laws","authors":"James Bailey,&nbsp;Tom Hamami","doi":"10.1111/coep.12584","DOIUrl":"https://doi.org/10.1111/coep.12584","url":null,"abstract":"<p>Hospitals and other health-care providers in 34 states must obtain a Certificate of Need (CON) from a state board before opening or expanding, leading to reduced competition. We develop a theoretical model of how market concentration affects health-care spending. Our theoretical model shows that increases in concentration, such as those brought about by CON, can either increase or decrease spending. Our model predicts that CON is more likely to increase spending in markets in which costs are low and patients are sicker. We test our model using spending data from the Household Component of the Medical Expenditure Panel Survey (MEPS).</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"41 1","pages":"128-145"},"PeriodicalIF":1.5,"publicationDate":"2022-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50139012","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
Is there wealth stability across generations in the U.S.? Evidence from panel study, 1984–2017 在美国，几代人之间的财富是否稳定?来自1984-2017年小组研究的证据
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-07-20 DOI: 10.1111/coep.12581
Jermaine Toney
{"title":"Is there wealth stability across generations in the U.S.? Evidence from panel study, 1984–2017","authors":"Jermaine Toney","doi":"10.1111/coep.12581","DOIUrl":"https://doi.org/10.1111/coep.12581","url":null,"abstract":"<p>The net wealth accumulation of grandparents appears to be strongly determinative of the net wealth holdings of their adult grandchildren. While these general features are understood, few details are known about the persistence of wealth components that determine overall portfolio outcomes and their variance. I find that grandparental linkages in household portfolio components (risky assets, safe assets, non-financial assets) are strongly positively correlated with the asset components of the current generation. Meanwhile, I find that there is persistence in intergroup disparities in wealth components, accounting for the intergenerational transfers of wealth from grandparents and parents. My decompositions of net wealth into risky, safe, and non-financial assets illuminate different policy implications connected to total wealth accumulation and wealth inequality across younger households.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"551-567"},"PeriodicalIF":1.5,"publicationDate":"2022-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12581","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91853014","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
Monthly income volatility and health outcomes 月收入波动和健康状况
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-07-11 DOI: 10.1111/coep.12580
Neil Bania, Laura Leete
{"title":"Monthly income volatility and health outcomes","authors":"Neil Bania,&nbsp;Laura Leete","doi":"10.1111/coep.12580","DOIUrl":"10.1111/coep.12580","url":null,"abstract":"<p>A growing literature shows that income volatility has negative effects on household well-being. Using the Survey of Income and Program Participation, we use temporal ordering to investigate the relationship between monthly household income volatility and the subsequent change in self-reported health status of the household head. For liquidity constrained households, a one standard deviation increase in volatility over 24 months leads to a 1.3%–4.3% increase in the probability of worsened health. The magnitude of this effect is approximately two-thirds that of the impact of a one standard deviation change in the level of mean household income.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"636-658"},"PeriodicalIF":1.5,"publicationDate":"2022-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45318185","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 interplay of financial education, financial inclusion and financial stability and the role of Big Tech 金融教育、普惠金融和金融稳定的相互作用以及大型科技公司的作用
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-07-07 DOI: 10.1111/coep.12578
Nicole Jonker, Anneke Kosse
{"title":"The interplay of financial education, financial inclusion and financial stability and the role of Big Tech","authors":"Nicole Jonker,&nbsp;Anneke Kosse","doi":"10.1111/coep.12578","DOIUrl":"10.1111/coep.12578","url":null,"abstract":"<p>The entry of Big Techs in the financial ecosystem might affect financial stability, among others through the opportunities and challenges they create for financial inclusion. We survey the literature to determine the effectiveness of financial education in improving financial literacy and inclusion and assess the impact of financial inclusion on financial stability. We argue for new research to determine whether financial education can help people to reap the financial-inclusion benefits that Big Tech may bring. We also conclude that financial-inclusion opportunities created by Big Tech might introduce financial stability risks and underline the importance of proper supervision and regulation.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"612-635"},"PeriodicalIF":1.5,"publicationDate":"2022-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46710056","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: 2
Subjective equivalence scales in Eastern versus Western European countries 东欧与西欧国家的主观对等量表
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-06-30 DOI: 10.1111/coep.12579
Martina Mysíková, Tomáš Želinský, Thesia I. Garner, Kamila Fialová
{"title":"Subjective equivalence scales in Eastern versus Western European countries","authors":"Martina Mysíková,&nbsp;Tomáš Želinský,&nbsp;Thesia I. Garner,&nbsp;Kamila Fialová","doi":"10.1111/coep.12579","DOIUrl":"10.1111/coep.12579","url":null,"abstract":"<p>We show that economies of scale estimated individually for each EU country differ from the officially adopted OECD-modified scale; the differences across the countries further confirm the prevailing East-West disparity. Using the minimum income question in the 2019 EU-Statistics on Income and Living Conditions survey, we demonstrate that applying the estimated country-specific subjective equivalence scales, instead of the uniform OECD-modified scale, results in up to a 6 pp change in the at-risk-of-poverty rate. If inadequate equivalence scales are used, the equivalised income fails to inform the statistics of income poverty and prevents national social policies from being correctly targeted.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"659-676"},"PeriodicalIF":1.5,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47715737","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: 1
On price stability with a job guarantee 在稳定物价的同时保证就业
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-05-23 DOI: 10.1111/coep.12573
Jackson Mejia, Brian C. Albrecht
{"title":"On price stability with a job guarantee","authors":"Jackson Mejia,&nbsp;Brian C. Albrecht","doi":"10.1111/coep.12573","DOIUrl":"https://doi.org/10.1111/coep.12573","url":null,"abstract":"<p>Modern Money Theory (MMT) has risen to prominence in popular policy debates within macroeconomics. MMT economists argue for creating a job guarantee program, which they argue would generate price stability. Using a benchmark model of time consistency supplemented with a job guarantee, we conclude that once policymakers' incentives are considered, the job guarantee does nothing to help stabilize prices. We compare this program to a competing proposal to maintain price stability and full employment, NGDP targeting.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"568-584"},"PeriodicalIF":1.5,"publicationDate":"2022-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91865066","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
Hang up on stereotypes: Domestic violence and an anti-abuse helpline campaign 挂掉成见:家庭暴力和反虐待热线活动
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-05-18 DOI: 10.1111/coep.12571
Marco Colagrossi, Claudio Deiana, Andrea Geraci, Ludovica Giua
{"title":"Hang up on stereotypes: Domestic violence and an anti-abuse helpline campaign","authors":"Marco Colagrossi,&nbsp;Claudio Deiana,&nbsp;Andrea Geraci,&nbsp;Ludovica Giua","doi":"10.1111/coep.12571","DOIUrl":"10.1111/coep.12571","url":null,"abstract":"<p>We estimate the effectiveness of a government-led anti-domestic-abuse campaign launched in the midst of the covid-19 pandemic on the number of calls to the Italian domestic violence helpline. In the week after the start of the campaign, we document a sharp increase in the number of calls. By exploiting geographical variation in the exposure to the campaign ads aired on public TV networks, we find that greater exposure is associated with an increase in the number of calls after the launch of the campaign. However, the effectiveness of the media campaign is hindered in areas where gender stereotypes are stronger.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"585-611"},"PeriodicalIF":1.5,"publicationDate":"2022-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12571","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48960812","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: 3
Determinants of noncognitive skills: Mediating effects of siblings' interaction and parenting quality 非认知技能的决定因素:兄弟姐妹互动和养育质量的中介效应
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-05-18 DOI: 10.1111/coep.12572
Iryna Hayduk, Maude Toussaint-Comeau
{"title":"Determinants of noncognitive skills: Mediating effects of siblings' interaction and parenting quality","authors":"Iryna Hayduk,&nbsp;Maude Toussaint-Comeau","doi":"10.1111/coep.12572","DOIUrl":"10.1111/coep.12572","url":null,"abstract":"<p>This paper sheds light on the formation process of noncognitive skills by examining the determinants of a host of personality traits. Using data from the National Survey of Midlife Development in the United States (MIDUS), for individuals in larger families (three or more children), we find having a same-sex sibling leads to improved long-run noncognitive skills and positive personality traits. The latter result is driven entirely by females. We examine potential mechanisms by exploring the links between parental investment and sibling interactions. The results could possibly speak to public actions to enhance child development and human capital accumulation.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 4","pages":"677-694"},"PeriodicalIF":1.5,"publicationDate":"2022-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46403301","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: 2
The college admissions contribution to the labor market beauty premium 大学录取对劳动力市场的美貌溢价有贡献
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-04-18 DOI: 10.1111/coep.12570
David Ong
{"title":"The college admissions contribution to the labor market beauty premium","authors":"David Ong","doi":"10.1111/coep.12570","DOIUrl":"https://doi.org/10.1111/coep.12570","url":null,"abstract":"<p>We investigate the contribution of college admissions to the labor market beauty premium. We sampled 1800 social media profiles of students from universities ranked from 1 to 200 in China and the US. Chinese universities use standardized test scores for admissions. US universities use also extracurricular activities. Consistent with beauty-blind admissions, alumni's beauty is uncorrelated with the rank of the school they attended in China. In the US, White men who attended high-ranked schools are better looking, especially attendees of private schools. A one percentage point increase in beauty rank corresponds to a half-point increase in the school rank.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 3","pages":"491-512"},"PeriodicalIF":1.5,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137692616","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
Economic shocks and clinging 经济冲击和依附
IF 1.5 4区 经济学
Contemporary Economic Policy Pub Date : 2022-04-01 DOI: 10.1111/coep.12569
Michael R. Strain, Stan Veuger
{"title":"Economic shocks and clinging","authors":"Michael R. Strain,&nbsp;Stan Veuger","doi":"10.1111/coep.12569","DOIUrl":"10.1111/coep.12569","url":null,"abstract":"<p>We test whether the economic effects of globalization change the social and political attitudes of white Americans. Specifically, we examine the effect of a local labor market's exposure to import competition brought about by the rapid changes in the Chinese economy from 1990 to 2007 on perceptions of immigrants, minorities, religion and guns. We do not find meaningful changes in aggregate attitudes. Instead, using detailed information from the General Social Survey, we find evidence of significant hardening of existing attitudes or “clinging” to long-standing beliefs.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"40 3","pages":"456-475"},"PeriodicalIF":1.5,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43048441","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: 1
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