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The Affordable Care Act: More Health Care Services at …

WEBAccording to the Center for Disease Control, the percentage of uninsured decreased from 16 percent of the population in 2010 to 9.1 percent in 2017, with much …

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URL: https://research.stlouisfed.org/publications/page1-econ/2019/09/12/the-affordable-care-act-more-health-care-services-at-lower-cost

Minding the Output Gap: What Is Potential GDP and Why …

WEBGross domestic product (GDP) is the total market value, expressed in dollars, of all final goods and services produced in an economy in a given year. GDP indicates …

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The Effects of Education on Health

WEBThe Effects of Education on Health. by Rubén Hernández-Murillo and Christopher J. Martinek. Existing research suggests that more education leads to better, …

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The Association Between Poverty and Mortality St. Louis …

WEBThe association between elevated fertility and poverty is well known; the association between poverty and low mortality, however, is a recent phenomenon. Thus, …

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What To Know About the Rise of Services St. Louis Fed

WEBThis essay presents four facts about the rise of services in the U.S. and other advanced economies. 1. Value Added: The services sector produces 79% of U.S. …

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Can Population Aging Explain Rising Healthcare Spending …

WEBAs countries develop, they spend a higher fraction of their resources on healthcare. 1 This can be seen by looking at healthcare spending as a percentage of …

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The Economic Impact of COVID-19 around the World

WEBFor over two years, the world has been battling the health and economic consequences of the COVID-19 pandemic. As of the writing of this article, deaths …

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Health and Economic Development from Cross-Country …

WEBINTRODUCTION. Over the past several decades, we have observed large and persistent disparities in per capita real income across countries. For example, based …

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How Bad Can It Be

WEBAccording to this calculation, the unemployment rate estimate of Goldman Sachs seems to be low if the GDP growth rate is –34 percent. More specifically, the …

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Income Differences and Health Disparities: Roles of …

WEBWorking Paper 2023-025C by Serdar Ozkan Using data from the Medical Expenditure Panel Survey (MEPS) I find that early in life the rich spend significantly more on health …

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Inflation, Part 1: What Is it, Exactly

WEBAs prices rise globally at rates unseen since the late 1970s, inflation has become a broad issue in many developed economies. In the United States, consumers, …

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COVID-19’s Effects on the Economy and the Fed’s Response

WEBFigure 5. The Fed Reduced Its Policy Rate to Near Zero. The federal funds rate is the Fed's policy rate; the effective federal funds rate is the volume-weighted …

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Is the COVID-19 Pandemic a Supply or a Demand Shock

WEBA supply shock is anything that reduces the economy's capacity to produce goods and services, at given prices. Lockdown measures preventing workers from doing …

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Demographic Disparities in COVID-19 Disruptions: What Has …

WEBThe difference in the disruption across demographics groups could be explained by a variety of factors. For example, Maxwell, 2020 suggests that economic …

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The Economic and Epidemiological Impact of COVID-19 and …

WEBU.S. economic activity contracted sharply during 2020 as COVID-19 spread and government introduced policies aimed at curbing the virus. Understanding the …

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The Output Gap: A “Potentially” Unreliable Measure of Economic …

WEBThe Great Recession ended almost three years ago, but in many ways it seems like the economy is still in a rut. Amid financial instability in Europe and …

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What Are the "Ingredients" for Economic Growth

WEBEconomic growth is an increase in the amount of goods and services that an economy produces. Economic growth results in rising wages and higher standards of …

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Insurance Risk Responsibility And Cost St. Louis Fed

WEBMany health insurance policies have a co-payment (co-pay) for office visits. Co-pays are a set dollar amount the customer pays before the insurance company pays …

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What Can We Learn from the Spanish Flu Pandemic of 1918-19 for …

WEBThe COVID-19 pandemic has spurred intense efforts among researchers to estimate the likely course of the pandemic and its economic effects. Several studies …

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