Enforcement efforts are the primary approach to reduce illegal drug use in the U.S., but evidence on their effectiveness is mixed. We provide new evidence on the effectiveness of enforcement efforts by using rich administrative records and the staggered implementation of state laws targeting...

Using data from the Continuing Survey of Food Intake by Individuals, this paper describes the shape of consumption profiles over the month for Social Security benefit recipients that have saved different amounts for retirement. Individuals with income mostly made up of Social Security and...

The challenge of effective merger enforcement is tremendous. U.S. antitrust agencies must, by statute, quickly forecast the competitive effects of mergers that occur in virtually every sector of the economy to determine if mergers can proceed. Surprisingly, given the complexity of the regulators...

This paper describes the need for retrospective analysis of past mergers in building an empirical basis for antitrust enforcement, and provides guidance on the key measurement issues

Retrospective analyses of hospital mergers may be uniquely valuable because they speak directly to two important issues - the methods used for delineating relevant geographic markets in hospital merger analysis, and the implications of not-for-profit status on post-merger hospital pricing - that...