by susuguo | Jun 9, 2021 | White Papers
The “shutdown” economy of April 2020 is compared to a normally functioning economy both in terms of market and nonmarket activities. Three novel methods and data indicate that a full shutdown of “nonessential” activities puts market production about 25 % below normal...
by Matt Fey | Apr 26, 2021 | Uncategorized, White Papers
The spread of COVID-19 in the United States has prompted extraordinary, although often untested, steps by individuals and institutions to limit infections. Schools, restaurants, entertainment venues, and many other places of business were required to close under the...
by Matt Fey | Apr 26, 2021 | Uncategorized, White Papers
Employer-sponsored health insurance (ESI) is over a trillion-dollar market with about 160 million Americans (a majority) participating as plan members, of which about 80 million are policy holders. The policies are valuable not only to employers and employees, but...
by Matt Fey | Apr 26, 2021 | Uncategorized, White Papers
The spread of COVID-19 in the United States has prompted extraordinary, although often untested, steps by individuals and institutions to limit infections. One of the longest-duration avoidance strategies has been the closing of public-school buildings even to...
by Matt Fey | Apr 26, 2021 | Uncategorized, White Papers
The spread of COVID-19 in the United States has prompted extraordinary, although often untested, steps by individuals and institutions to limit infections. Some have worried that “the cure is worse than the disease.” Economists Anne Case and Angus Deaton mocked this...
by susuguo | Mar 1, 2021 | White Papers
Based on published estimates of its price elasticity of demand and of tax wedges, as well as the method of revealed preference, I estimate that the annual social value of ESI is about $1.5 trillion beyond what policyholders, their employers, and taxpayers pay for it....
