The outbreak of the COVID-19 pandemic had an enormous impact on social and economic life and in particular. for human health care. In this paper, we document the impact of the COVID-19 pandemic and its accompanying policies on individual health care utilization. We use detailed administrative...

Socioeconomic systems should be understood as "complex" phenomena that cannot effectively be controlled or managed through central planning. In general, markets and other decentralised governance mechanisms that rely on competition and signalling better facilitate learning and adaptation in...

The portfolio approach of financing drug development has been proposed as a financial innovation to improve the risk/return tradeoff of investment in drug development projects through the use of diversification and securitization. By investing in a sizable and well-diversified portfolio of novel...

In recent decades, the prevalence of obesity in America has increased dramatically. Though it has attracted less attention, the demographic composition of the American population also changed during this period. We decompose the increase in the average body mass index of the American population...

As COVID-19 has spread all over the world, it is having a serious impact on the global economy. Since there are yet great uncertainties regarding the ultimate duration and scope of its proliferation, it is difficult to forecast the magnitude of its impact. In this regard, investigating previous...

During the Covid-19 pandemic, several countries have resorted to self-adaptive mechanisms that allow non-pharmaceutical interventions to be tailored to local epidemiological and health care indicators. These mechanisms reinforce the interdependence between containment measures and the evolution...

Forty million people are infected with HIV worldwide; twenty-five million of them are in Sub-Saharan Africa. This paper addresses the question of why Africa has been so heavily affected by HIV, and what explains the variation within Africa. I present a model that decomposes epidemic level into...

Viruses are a major threat to human health, and - given that they spread through social interactions - represent a costly externality. This paper addresses three main issues: i) what are the unintended consequences of economic activity on the spread of infections? ii) how efficient are measures...

Viruses are a major threat to human health, and - given that they spread through social interactions - represent a costly externality. This paper addresses three main issues: i) what are the unintended consequences of economic activity on the spread of infections? ii) how efficient are measures...

We study the effects of the largest adverse health shock in modern medicine - the 1918 influenza pandemic - on subsequent shifts in health-related attitudes and behavior and future-oriented policies. Our analysis builds upon self-digitized, individual-level death-register excerpts, vaccination...