Policymakers must do something to slow the growing debt burden or else face a major fiscal meltdown. Proposals such as Medicare for All and the Green New Deal would only make the looming fiscal crisis worse

As COVID-19 struck the United States in March 2020, sending the nation into lockdown, worry about the fate of private schools was high. These schools, which only survive if people can pay for them, seemed to face deep trouble. Many private schools have thin financial margins even in good...

This paper investigates the effects of India’s rural roads program (PMGSY) on morbidity, using data on 279 households drawn from 30 villages in a region of upland Orissa. The households were surveyed in 2010 and 2013, yielding an unbalanced panel of 1580 individuals, 1076 of whom were present...

We investigate the relationship between the firms' cash holdings and public health risks. We find that in comparison to firms whose employees can work remotely, firms with more on-site employees increase cash during the H1N1 pandemic. This increase in cash is larger for firms that are more...

The current contagion that has rapidly spread all over the world mobilised impressive financial and sanitary resources in most of the affected countries. However, in the majority of cases these measures seem insufficient or inefficient, as the number of cases has exploded, while the increase in...

How has government spending on health prepared countries for tackling the Covid-19 pandemic? Arguably, spending is the primary policy tool for governments for providing effective health. Yet, much empirical evidence suggests that spending alone has little effect on health outcomes. We argue that...

Routine childhood vaccinations can improve human capital development over the life cycle. This paper evaluates the long-term economic benefits of India’s childhood vaccination program, known as the Universal Immunization Programme (UIP). We combine individual-level data from the 68th round of...

Coronavirus Disease 2019 (COVID-19) vaccinations play a main role in the immunization campaign of nations but countries, after a certain share of people vaccinated have to cope with vaccine hesitancy and resistance in population. The goal of this study here is the detection of the max share of...

The world has enjoyed huge improvements in population health during the last half century. But major health problems persist, particularly in tropical countries, which are still struggling with infectious diseases while increasingly having to deal with noncommunicable diseases. Several classic...

Bleibende ökonomische Auswirkungen der Corona-Pandemie werden an der Entwicklung der gesamtwirtschaftlichen Produktionsfaktoren - dem Arbeitseinsatz, Sach- und Humankapital sowie dem Bestand an technischem Wissen - sichtbar werden. Verhaltensänderungen, wie etwa eine höhere Technikakzeptanz,...