Faculty

Healthcare fragmentation linked to coordination challenges and higher costs

Policies aiming to improve healthcare productivity often focus on reducing care fragmentation. Care fragmentation occurs when services are spread across many providers, potentially making coordination difficult. Using Medicare claims data, we analyze the effect of moving to a region with more fragmented care delivery. We find that 60% of regional variation in care fragmentation is independent of patients' individual demand for care and moving to a region with 1 SD higher fragmentation increases care utilization by 10%. When patients move to more fragmented regions, they increase their use of specialists and have fewer encounters with primary care physicians. More fragmented regions have more intensive care provision on many margins, including services sometimes associated with overutilization (hospitalizations, emergency department visits, repeat imaging studies) as well as services associated with high value care (vaccines, guideline concordant for diabetics).

Professor Christopher Snyder named editor of the Journal of Law and Economics

The Journal of Law and Economics is an academic journal published by the University of Chicago Press. It publishes articles on the economic analysis of regulation and the behavior of regulated firms, the political economy of legislation and legislative processes, law and finance, corporate finance and governance, and industrial organization. The journal is sponsored by the University of Chicago Law School.

Professor Snyder's research focuses on Industrial Organization, Microeconomic Theory and Law and Economics. His recent work has focused on healthcare and vaccines and the economics of open access journals, among other things. In addition to teaching undergraduate students, he is a research associate with the NBER in the Law and Economics Program. Snyder also serves as Secretary-Treasurer of the Industrial Organization Society, and as an Associate Editor for the Review of Industrial Organization.

Congratulations to Prof. Irwin for Jones Biennial Prize

Please join us in congratulating Professor Doug Irwin being awarded the Alice Hanson Jones Biennial Prize for his book "Clashing over Commerce: A History of US Trade Policy." The Prize is awarded every other year for an Outstanding Book on North American Economic History by the Economic History Association. More information about the prize and previous winners is provided here.

 

How Women’s Suffrage Improved Education for a Whole Generation of Children

While a growing literature has shown that women prefer investments in child welfare and increased redistribution, little is known about the long-term effect of empowering women. Exploiting plausibly exogenous variation in U.S. suffrage laws, we show that children from economically disadvantaged backgrounds who were exposed to women’s political empowerment during childhood experienced large increases in educational attainment, especially blacks and Southern whites. We also find improvements in earnings among whites and blacks that experienced educational gains. We employ newly digitized data to map these long-term effects to contemporaneous increases in local education spending and childhood health, showing that educational gains were linked to improvements in the policy environment.

Assistant Professor Na’ama Shenhav's research "Who Benefited from Women's Suffrage?" was featured in the Atlantic.

Not Working : Where Have All the Good Jobs Gone?

 

Prof. BlanchFlower’s new book “Not Working : Where Have All the Good Jobs Gone?” published by Princeton University Press is forthcoming in June, 2019.

In this revelatory and outspoken book, David Blanchflower draws on his acclaimed work in the economics of labor and wellbeing to explain why today’s postrecession economy is vastly different from what came before. He calls out our leaders and policymakers for failing to see the Great Recession coming, and for their continued failure to address one of the most unacknowledged social catastrophes of our time. Blanchflower shows how many workers are underemployed or have simply given up trying to find a well-paying job, how wage growth has not returned to prerecession levels despite rosy employment indicators, and how general prosperity has not returned since the crash of 2008.

A little randomness can go a long way

The following excerpt is from Professor Bruce Sacerdote ‘s article "What to expect when a college assigns students to random roommates".

"Duke University recently announced that first-year students will now be randomly assigned to their dormmates. The goal is to give students a chance to meet and learn from peers from a completely different background. Is this silly social engineering or smart policy?

First, let’s acknowledge that roommates and dormmates matter for students’ social networks. In one study – titled “How Do Friendships Form?” – David Marmaros and I examined email behavior among thousands of college students. First-year roommates exchange 45 times more emails with each other than with a randomly chosen member of the incoming class.

...

The bonds that students form their first year are long lasting. By senior year, former first year roommates are still emailing each other at 10 times the rate that they would with other students on campus.

...

AEA Video "The Great Divergence"

"We’re told that we live in a flat world in which technology makes geography less important to where jobs are located. And yet, the productivity gap between rich and poor countries has grown dramatically over the past two centuries and continues to expand. It is called the Great Divergence"

American Economic Association produced a video "The Great Divergence" explains how technology diffusion contributes to the growing productivity gap between rich and poor countries. The video is based on the study "If Technology Has Arrived Everywhere, Why Has Income Diverged?" by Diego Comin (Dartmouth Economic Professor) and Marti Mestieri in the July issue of American Economic Journal: Macroeconomics.

Professor Elizabeth Cascio's research featured in ​New York Times

Prof. Elizabeth Cascio's recent research “Does Universal Preschool Hit the Target?  Program Access and Preschool Impacts" was featured in New York Times Op-Ed "Some Good News — Seriously — About Politics" published on 06/03/2018, editorial by NYT Opinion Columnist David Leonhardt.

Is the global trade system broken?

On May 9th 2018,  as a featured guest, Professor Nina Pavcnik was invited to The Economist Online Debate Is the global trade system broken?. She provided her perspective of how governments should best help global trade system.

“Before answering how governments should help the losers from free trade, it is important to ask whether governments should help losers from free trade. The argument for it does not have to invoke morality; it can rely on economic principles.

Freer trade raises aggregate living standards in a country, but it generates winners and losers. Those hurt by international trade will likely oppose further liberalisation and call for protectionism, jeopardising the economic benefits of trade to the society as a whole. If governments want support for freer trade -- which is potentially even more important in today’s world of global supply chains -- they need to help those who are left jobless.

Pages