Research

Published Research
Economic Policy & Research

Wage Insurance and Labor Market Trajectories

Authors: Adam Leive, Benjamin G. Hyman, Brian K. Kovak, Theodore Naff

Wage insurance provides income support to displaced workers who find reemployment at a lower wage. This group of scholars study the effects of the wage insurance provisions of the US Trade Adjustment Assistance (TAA) program using administrative data from the state of Virginia. What they find suggests that wage insurance eligibility increases short-run employment probabilities and that wage insurance and TAA training may yield similar long-run effects on employment and earnings.

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Published Research

Does HUD Overpay for Voucher Units, and Will SAFMRs Reduce the Overpayment?

Authors: Edgar O. Olsen

One argument for Small Area Fair Market Rents (SAFMRs) is that they would reduce overpayment for voucher units in low-rent neighborhoods. This article provides a more comprehensive theoretical analysis that leads to the conclusion that the worst voucher units and those in the worst neighborhoods will usually rent for more than the mean market rent of identical units, and the best units in the best neighborhoods will rent for less than this amount.

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Published Research

New Case: Losses (and Gains) from Health Reform for Non-Medicaid Uninsureds

Authors: Adam Leive, Mark Pauly, Scott Harrington

This article examines how the Affordable Care Act (ACA) would change financial resources for and transfers to the previously uninsured if they were to purchase coverage in the ACA insurance exchanges (marketplaces) in 2014. The results suggest that the law provides gains to some, relative to their spending in the pre-ACA period, particularly those in poor health and with very low incomes, but it also potentially imposes financial losses on many, again compared to their experience when uninsured.

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Published Research

Diogenes-FG: Heralding Responsible Innovation in Fiduciary Services for Retirement and Nonprofit Trustees

Authors: Bala Mulloth, Robert Patterson, John Whitworth

Diogenes pioneered the use of technology to support trustees and boards in their role as fiduciaries of employee retirement funds. Typically, a multinational corporation with operations in 30-40 countries may have hundreds of pension plans, each with their own characteristics. 

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Published Research

Time Preferences and Consumer Behavior

Authors: Christopher J. Ruhm, David Bradford, Charles Courtemanche, Garth Heutel, Patrick McAlvanah

We investigate the predictive power of survey-elicited time preferences. The discount factor elicited from choice experiments using real payments predicts various health, energy, and financial outcomes, including overall self-reported health, smoking, installing energy-efficient lighting, and credit card balance. 

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Published Research

Macroeconomic Conditions and Opioid Abuse

Authors: Christopher J. Ruhm, Alex Hollingsworth, Kosali Simon

We examine how deaths and emergency department (ED) visits related to use of opioid analgesics (opioids) and other drugs vary with macroeconomic conditions. As the county unemployment rate increases by one percentage point, the opioid death rate per 100,000 rises by 0.19 (3.6%) and the opioid overdose ED visit rate per 100,000 increases by 0.95 (7.0%).

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