This paper studies the roles of market power and taxes in determining market surplus and social welfare in the U.S. consumer firearms industry. We construct a dataset combining…
Question: How frequently do beneficiaries lose Medicare Part D low-income subsidies (LIS), and is this associated with drug affordability and use?
Findings: In this cohort study…
We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other US trade partners at the detailed geographic level,…
Importance: The Inflation Reduction Act (IRA) requires Medicare to negotiate prices for some high-spending drugs but exempts drugs approved solely for the treatment of a single…
Excess prices for drugs in the U.S. is a persistently vexing policy problem. While there is agreement among most policy analysts that supra competitive prices are necessary to…
Behavioral economic research has established that defaults, one form of nudge, powerfully influence choices. In most policy contexts, all individuals receive the same nudge. We…
