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The Effect of Education on Health and Mortality: A Review of Experimental and Quasi-Experimental Evidence  

Titus Galama, Adriana Lleras-Muney, and Hans van Kippersluis

Online publication date:
May 2018
Education is strongly associated with better health and longer lives. However, the extent to which education causes health and longevity is widely debated. We develop a human capital ... More

The Employment Effects of Minimum Wages: Some Questions We Need to Answer  

David Neumark

Online publication date:
Mar 2018
The literature on the employment effects of minimum wages is about a century old, and includes hundreds of studies. Yet the debate among researchers about the employment effects of minimum ... More

Estimation and Inference for Cointegrating Regressions  

Martin Wagner

Online publication date:
Nov 2018
Widely used modified least squares estimators for estimation and inference in cointegrating regressions are discussed. The standard case with cointegration in the I(1) setting is examined ... More

The Evolution of Mental Health Policy and Economics  

Sherry Glied and Richard Frank

Online publication date:
Mar 2018
Mental health economics addresses problems that are common to all of health economics, but that occur with greater severity in this context. Several characteristics of mental health ... More

Famines, Hunger, and Later-Life Health  

Gerard J. van den Berg and Maarten Lindeboom

Modern-day famines are caused by unusual impediments or interventions in society, effectively imposing severe market restrictions and preventing the free movement of people and goods. ... More

Financial Frictions in Macroeconomic Models  

Alfred Duncan and Charles Nolan

Online publication date:
Apr 2018
In recent decades, macroeconomic researchers have looked to incorporate financial intermediaries explicitly into business-cycle models. These modeling developments have helped us to ... More

Financial Strain and Health  

Irina Grafova

Online publication date:
Oct 2018
One of the most fundamental results in health economics is that a greater socio-economic status is associated with better health outcomes. However, the experience of financial pressure and ... More

Financing and Policy for Long-Term Care  

Alexandrina Stoyanova and David Cantarero-Prieto

Online publication date:
Sep 2018
Long-term care (LTC) systems entitle frail and disabled people, who experience declines in physical and mental capacities, to quality care and support from an appropriately trained ... More

Frequency-Domain Approach in High-Dimensional Dynamic Factor Models  

Marco Lippi

High-Dimensional Dynamic Factor Models have their origin in macroeconomics, precisely in empirical research on Business Cycles. The central idea, going back to the work of Burns and ... More

Geographic Proximity and Science Parks  

Albert N. Link and John T. Scott

Online publication date:
Sep 2018
Science parks, also called research parks, technology parks, or technopolis infrastructures, have increased rapidly in number as many countries have adopted the approach of bringing ... More

Globalization, Trade, and Health Economics  

Richard Smith and Johanna Hanefeld

Online publication date:
Mar 2018
Global trade—the movement of goods, services, people, and capital between countries—is at the center of modern globalization. Since the late 20th century trade has also become established ... More

Health Status Measurement  

John Mullahy

Online publication date:
Mar 2018
Health status measurement issues arise across a wide spectrum of applications in empirical health economics research as well as in public policy, clinical, and regulatory contexts. It is ... More

Incentives and Performance of Health Care Professionals  

Martin Chalkley

Economists have long regarded health care as a unique and challenging area of economic activity on account of the specialized knowledge of health care professionals (HCPs) and the ... More

Information, Risk Aversion, and Healthcare Economics  

Hendrik Schmitz and Svenja Winkler

Online publication date:
Jun 2018
The terms information and risk aversion play central roles in healthcare economics. While risk aversion is among the main reasons for the existence of health insurance, information ... More

Law, Economics, and Courts  

Nuno Garoupa

Online publication date:
Sep 2018
Law and economics is an important, growing field of specialization for both legal scholars and economists. It applies efficiency analysis to property, contracts, torts, procedure, and many ... More

The Lifetime Dynamics of Health and Wealth  

Pascal St-Amour

Online publication date:
Jun 2018
Life-cycle choices and outcomes over financial (e.g., savings, portfolio, work) and health-related variables (e.g., medical spending, habits, sickness, and mortality) are complex and ... More

Long Memory Models  

Peter Robinson

Long memory models are statistical models that describe strong correlation or dependence across time series data. This kind of phenomenon is often referred to as “long memory” or ... More

Mixed Frequency Models  

Eric Ghysels

Online publication date:
Mar 2018
The majority of econometric models ignore the fact that many economic time series are sampled at different frequencies. A burgeoning literature pertains to econometric methods explicitly ... More

Models of Health and Addiction  

Audrey Laporte and Brian S. Ferguson

Online publication date:
Oct 2018
One of the implications of the human capital literature of the 1960s was that a great many decisions individuals make that have consequences not just for the point in time when the ... More

Nonlinear Models in Macroeconometrics  

Timo Teräsvirta

Many nonlinear time series models have been around for a long time and have originated outside of time series econometrics. The stochastic models popular univariate, dynamic ... More

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