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Digital, Financial, and Health Insurance Exclusion Experienced by …
In this article, we focus on three types of exclusion: digital exclusion, financial exclusion, and health insurance exclusion. We define … See more
Actived: Just Now
Ask an Economist: Homelessness and the effect of ‘Housing First
WEBHomelessness has rapidly grown in U.S. cities, with more than 1.4 million Americans using homeless services at least once a year. On any given night, approximately 580,000 individuals in the United States are homeless.
Rural Hospital Closures and Growth in Employment and Wages
WEBSince 2011, 74 hospitals have closed in rural counties isolated from larger towns. I evaluate the implications for employment and aggregate wage growth in these counties and find that hospital closures are associated with substantially lower annual growth in county employment and aggregate wages. Smaller counties with a greater …
Health versus Wealth: On the Distributional Effects of Controlling a
WEBDownload Article. RWP 20-03, May 2020. To slow the spread of COVID-19, many countries are shutting down nonessential sectors of the economy. Older individuals have the most to gain from slowing virus diffusion.
Decline in Number of Workers with “Some College” Is Boosting …
WEBCompared with the pre-pandemic period, the labor force contains about 1.5 million fewer individuals who have some post-secondary schooling but less than a bachelor’s degree. As a result, vacancies for jobs that require a post-secondary certificate or an associate degree remain elevated, especially in health-related fields. These …
Rural Hospital Closures and Growth in Employment and Wages
WEBHospital closures may have minimal effects on employment in other counties. Chart 2 shows the employment effects of the March 2014 closing of Lake Whitney Medical Center in Hill County, TX. The hospital closure put 67 people out of work in a county with total employment of 9,484 (0.7 percent).
What Has Driven the Recent Increase in Retirements
WEBDuring the pandemic, the share of retirees in the U.S. population rose much faster than its normal pace. Typically, an increase in this share is driven by more people transitioning from employment to retirement. However, we show that the recent increase was instead driven by fewer people transitioning from retirement back into employment, …
Consumer Spending Declines, Shifts in Response to the Pandemic
WEBConsumer spending plunged last spring as the pandemic swept through the United States. Although spending rebounded sharply in the second half of 2020, it remained below year-ago levels due to persistently high unemployment, business restrictions, and continued health risks in social settings. In addition to the drop in overall spending, the …
The Growing Importance of the Services Sector
WEBServices sector growth has been more mixed in New Mexico and Wyoming, but services sector employment is still 1.7 percent and 3.2 percent higher than December 2007 levels, respectively. Three of the fastest growing industries in Colorado, New Mexico and Wyoming in recent years have been education and health services, leisure and …
Economic Benefits and Social Costs of Legalizing Recreational …
WEBWe find moderate economic gains and ac-companied by some social costs. Post-legalization, average state income grew by 3 percent, house prices by 6 percent, and population by 2 percent. However, substance use disorders, chronic homelessness, and arrests increased by 17, 35, and 13 percent, respectively.
The Economic Effects of the Marijuana Industry in Colorado
WEBThus, in 2017, combined marijuana sales in Colorado exceeded $1.5 billion. iv. To put the magnitude of marijuana sales in perspective, personal consumption expenditures on all goods and services totaled $236.3 billion in 2016 in Colorado. Marijuana sales were $1.3 billion in 2016, or 0.55 percent of all personal consumer expenditures.
Marijuana Industry Has Boosted Economic Activity in the …
WEBAmong the Tenth District states, Colorado brought in the most from marijuana sales taxes, excise taxes, and licensing fees in 2021, with revenue totaling more than $423 million. The marijuana industry generated almost $150 million in revenue for Oklahoma in 2021; about $50 million in revenue is projected in New Mexico’s first year of
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