Fiscal Policy
Articles tagged with Fiscal Policy
International availability and price of ultraexpensive drugs in Medicare Part D
A cohort study found that ultraexpensive drugs in Medicare Part D have limited international availability, highlighting their fiscal significance. Internationally unavailable products often result in higher spending per beneficiary.
New study suggests climate finance from developed countries may help reduce resource-related conflict risk in developing countries
A new empirical study found a direct link between climate finance and lower conflict risk in developing countries. Climate finance that alleviates water stress and boosts renewable energy projects contributes to peace and stability, with greater impact at higher levels of funding.
AMS science preview: AI forecast limits, unpredictable hurricanes, simplified heat index
New research from the American Meteorological Society explores AI forecasting limits, the impact of climate change on hurricane trends, and simplifies the heat index. The studies find that machine learning can outperform numerical physics-based models in certain conditions, but not universally.
Governments, beware: Why it's so hard to invest in risk prevention
A recent study by Bas Heerma van Voss found that governments are prone to cognitive biases when it comes to major risks like pandemics and climate change. Debiasing training for risk analysts can help recognize and avoid these biases, but such training is rarely implemented systematically.
Money worries and job dissatisfaction drove Europe’s populist boom, research suggests
Research suggests that cost of living and male job dissatisfaction played a major role in Europe's populist surge. Financial insecurity emerged as the strongest predictor of an anti-elite outlook, increasing the chances of voting populist by 17-20 percentage points.
New research reveals high option trading fees and barriers to competition
A new study reveals that option trading fees are substantially higher than stock trades, creating a conflict of interest for brokers. The complex options market also features structural advantages for dominant firms, leading to higher costs for individual investors.
The high cost of cold feet: why backtracking on green energy hurts economies more than progress helps
A new study by Nirma University reveals that policy synchronization is key to reducing pollution costs in Mediterranean nations. The research found that when a country's environmental taxes, green protection spending, and renewable energy adoption move in perfect synchronization, the overarching cost of pollution drops significantly.
“Unleash the West of England to power up UK growth” - The Brunel Centre publishes Economic Audit
The West of England, a region with exceptional potential, is limited by structural constraints. Key findings include export strength, world-leading innovation clusters, and a strong but place-specific labour market.
Study finds correlation between public health, tax policies
A new study by North Carolina State University researchers found a strong correlation between state tax revenue and public health policies during the early stages of the COVID-19 pandemic. States with higher sales tax revenue were associated with shorter stay-at-home orders, while those without sales tax had longer durations.
Too much transparency can hurt financial markets
Researchers found that less transparency in bond markets can lead to better economic outcomes, as it imposes discipline on players and makes institutions more selective about bonds they buy. This is in contrast to the 2008 global financial crisis, which was triggered by too much public information and looser credit.
Taxing homes in an economic boom and subsidising them in a crash could prevent the next housing crisis
Researchers argue that taxing housing purchases during economic booms and providing temporary subsidies on housing during recessions could help prevent the next housing crisis. The study found that this approach can lift house prices exactly when the system is at greatest risk, preventing fire sales and severe price collapses.
Federal Budget 2025 shows partial alignment with Canadian farmers’ priorities, new analysis reveals
The Simpson Centre's analysis reveals mixed results when comparing Canadian farmers' policy priorities with measures introduced in the 2025 federal budget. While the budget responds to several concerns with improved AgriStability coverage and trade investments, critical gaps remain in addressing fuel taxation, interprovincial trade bar...
Nearly seven in 10 Medicaid patients not receiving treatment within six months of an opioid use disorder diagnosis, study finds
A US study of over a million Medicaid enrollees reveals major gaps in access to medication-based addiction treatments, particularly for Black patients. Methadone and buprenorphine show significant overdose risk reductions, highlighting the need for policy reforms to ensure timely access.
Home buyers are overpaying mortgage fees. Shopping around can help.
A new study by the University of Florida finds that most US home buyers are overpaying mortgage fees, with average costs ranging from 1-3% of the loan. Shopping around can help consumers save an average of $32 in fees and more than $1,000 in interest per loan.
Study finds group reflective practice beneficial to planning commissions, staff, yet rarely used
A study by Bonnie Johnson at the University of Kansas found that group reflective practice among planning commissioners and staff improves services and reduces stress. The researchers explored the use of unconventional formats for staff reports to facilitate discussions about their work.
Emergency Medicaid spending for undocumented immigrants in the US
A nationwide analysis found that emergency Medicaid accounted for less than 1% of overall Medicaid spending in states with large undocumented populations. States with larger undocumented populations spent more per capita, but still faced minimal cost savings from cuts to emergency Medicaid.
Research shows National Living Wage has reduced labor mobility across firms, but at what cost?
New research by Bayes Business School reveals the introduction of the National Living Wage has decreased labor mobility across firms, but its impact on workers' incentives to search for new jobs is unclear. The study suggests that rising wage floors may reduce job switches and make potentially risky job moves less attractive.
The patterns of elites who conceal their assets offshore
A Dartmouth study reveals distinct patterns associated with offshore secrecy, tied to home country governance. Elites from authoritarian countries use a 'confetti strategy,' while those from transparent democracies employ 'concealment' and 'hybrid' strategies to hide assets.
UTA students take on public policy in DC
Through the Archer Fellowship Program, UTA students spend time in Washington, D.C., completing internships and taking courses taught by UT System faculty and policy experts. The program offers unique opportunities for students to network with professionals, learn from peers, and gain insight into federal policy-making.
Sandia National Labs helps save taxpayers millions through smarter spending
Sandia National Laboratories has achieved over $439 million in savings for the Department of Energy by streamlining purchasing agreements and securing volume pricing. The Supply Chain Management Center, created in 2006, facilitates collaboration between prime contractors to reduce costs and improve efficiency.
UC study uncovers unexpected link between police spending, housing prices
A University of Cincinnati study found large, opposite moves in housing prices between low-income and high-income communities when analyzing police budgeting. Low-income areas saw a 13% increase in housing prices after increasing police spending, while high-income areas saw a 14% decrease.
AMS report and statement: "America's economic leadership is at risk"
The American Meteorological Society warns that catastrophic cuts to federal science agencies like NOAA threaten the US weather enterprise, which supports public safety, private sector operations, and national security. A strong weather enterprise is essential for America's economic leadership.
Stand up for NOAA research — the time to act is now
The proposed elimination of NOAA Research would drastically undercut the scientific backbone needed for accurate weather forecasts and services. Key stakeholders like the American Meteorological Society and National Weather Association urge action to maintain competitiveness in weather forecasting.
Lebanon multidimensional crisis diminishing trust in public education and worsening inequality, study shows
A study by the University of Exeter finds that Lebanon's dual education system exacerbates social inequalities, with parents favoring private schools over public ones. The economic crisis has led to reduced government funding, causing school days to be shortened and curricula to be rushed.
The Frontiers of Knowledge Award goes to Blanchard, Galí and Woodford in recognition of their profound influence on modern macroeconomics and the design of monetary and fiscal policy rules
Olivier Blanchard, Jordi Galí and Michael Woodford received the BBVA Frontiers of Knowledge Award for establishing rigorous foundations for business cycle fluctuations analysis. Their New Keynesian paradigm integrates monopolistic competition and nominal rigidities into dynamic general equilibrium models with rational expectations.
Bipartisan state of the nation report reveals where US is excelling — and falling behind
The State of the Nation Project report reveals stark contrasts in the US's global standing, with strong economic performance but weaknesses in areas like mental health and civic engagement. The country excels in poverty reduction but struggles with income inequality, life satisfaction, and citizenship.
Long before the L.A. fires, America’s housing crisis displaced millions
A new USC study reveals that the US is facing a shortage of 4.5 million homes due to policy missteps in the early 2000s, which led to a historic housing bubble and subsequent Great Recession. The crisis has disproportionately affected millennials and people of color, with racial and ethnic disparities in homeownership widening over time.
Windfall profits from oil and gas could cover climate payments
Researchers found that windfall profits from oil and gas companies in 2022 would be enough to cover climate payments for nearly five years. Governments can redistribute these excess profits to fight the climate crisis, with a tax on windfall profits being a proposed solution.
Political parties in South America relied on will of the people to implement major economic reforms, analysis shows
A study by University of Exeter researcher Dr Pedro Perfeito da Silva explores the impact of popular resistance and union support on economic policies in Ecuador and El Salvador. The findings suggest that administrations reliant on strong public backing implemented stricter capital controls, while those with less support adopted more n...
Short, intense bursts of exercise more effective after stroke than steady, moderate exercise
A new study found significant improvements in aerobic fitness after 12 weeks of high-intensity interval training sessions compared to traditional, moderate exercise. Researchers suggest this time-efficient approach can be safely and effectively implemented in clinical practice for stroke survivors.
Weibo posts illuminate public response to China’s three-child policy measures
The study analyzed comments on Sina Weibo to understand the public response to China's three-child supportive measures. Positive attitudes emerged towards housing subsidies and financial incentives, while negative responses were linked to extended maternity leave concerns.
People with Long COVID three times more likely to leave work - study
A new study from the University of Birmingham and Keele University found that people with Long COVID symptoms lasting over 28 weeks are three times more likely to leave employment. The research highlights the significant impact of Long COVID on individuals' employment outcomes, particularly for those who leave work.
Almost half of US counties have no cardiologists despite higher prevalence of CV risk factors, mortality
A recent analysis found that nearly half of US counties lack a cardiologist, exacerbating rural-urban health disparities. Counties without cardiologists tend to be more rural, socioeconomically disadvantaged, and experience higher cardiovascular mortality rates.
New regulations needed to limit impact of favouritism on country credit ratings
Research by economists at University of East Anglia and others found links between finance ministers and executives at biggest credit ratings agencies associated with higher ratings for countries without these connections, highlighting a conflict-of-interest problem in the credit ratings agency business model.
Variations in medical assistant to primary care clinician staffing ratios may reflect differences in practice ownership and organizational culture
This study analyzed the current ratio of medical assistants to primary care clinicians across a nationally representative sample of adult primary care physician practices. The results show that independent practices, medical group-owned practices, and Federally Qualified Health Centers are more likely to have adequate staffing ratios.
New Study: The price tag of phasing-out coal
A new study finds that government plans for coal phase-out around the world include monetary compensation to affected parties, with a total estimated global cost of USD 200 billion. However, if China and India were to adopt similar plans, the cost would skyrocket to over USD 2 trillion. The researchers argue that international finance ...
Healthy Start is life changing and could reach more families if it was reframed and better coordinated and resourced, says study
The Healthy Start scheme in England is a vital support for pregnant women and low-income families, but uptake remains suboptimal. A new study recommends reframing the scheme as a child's right to good food and healthy development, improving coordination and resources.
nTIDE March 2024 Jobs Report: Despite recent declines, people with disabilities remain engaged in the labor market
The employment-to-population ratio for people with disabilities decreased slightly over the last four months, but labor force participation is leveling off. People with disabilities are still engaged in the labor force at a similar rate to last month.
Landmark advances in employment reframe the outlook for people with disabilities in post-pandemic era
Recent research highlights unprecedented upward trend in employment for people with disabilities, supported by favorable labor market and employer attitudes. Continued research and policy development are needed to extend this trend and foster a more inclusive economy.
Social, environmental factors may raise risk of developing heart disease and stroke
A study published in the Journal of the American Heart Association found that neighborhoods with more adversity have up to twice the increased risk of heart disease and stroke. The research highlights the complex interplay between social and environmental factors on health outcomes.
Job flexibility and security promotes better mental health among employees
A new nationwide study found that workplace policies prioritizing job flexibility and security can lead to healthier work environments, reducing stress and improving overall well-being. Employed adults with greater job flexibility and higher job security were less likely to experience serious psychological distress or anxiety.
The future of independent primary care practices serving vulnerable populations depends on new policies that support health equity
A mixed-methods study examines the challenges faced by independent family physicians in urban communities, who serve socially vulnerable patients with limited support from healthcare entities. The researchers propose that health equity-focused policies and new payment models could help these practices stay afloat.
Greenhouse gas emissions in Global South countries linked with IMF lending policies
A recent study suggests that IMF lending policies, especially structural loans, lead to significant increases in greenhouse gas emissions in Global South countries. This effect is most pronounced with second or subsequent loans, which can result in immediate spikes in emissions.
JAMA study finds facilities treating poor patients penalized by CMS payment model
A new study found that dialysis facilities serving high-risk populations are more likely to receive lower reimbursement under the End-Stage Renal Disease Treatment Choices Model. The rate of home dialysis and transplant waitlisting is also lower among these facilities.
Child tax credits provided significant relief to families experiencing economic shocks during COVID
A new study found that the 2021 Child Tax Credit expansion significantly reduced food insufficiency among American families, particularly those with children who experienced economic shocks during the COVID-19 pandemic. The monthly advance payments included in the expansion enabled all families to afford enough food and had a greater i...
nTIDE January 2024 Jobs Report: Despite minor shifts, employment for people with disabilities remains near historic highs
The nTIDE January 2024 Jobs Report shows slight declines in employment-to-population ratio and labor force participation rate for people with disabilities, but still near historic highs. Employment numbers remain steady or increased compared to last year.
Independent dispute resolution of no surprises act financially unviable for radiology
A study found that the No Surprises Act's independent dispute resolution (IDR) process would be financially unfeasible for a large portion of out-of-network claims for hospital-based specialties, particularly radiologists. This could undermine patient access to in-network care due to limited bargaining power.
Some states, plans limit access to opioid use disorder treatment prescription through prior authorization practices
A study by Christina Andrews and her team found substantial variation in prior authorization use among different states and plan types. For-profit plans and those located in Republican-majority states were more likely to impose prior authorization policies, restricting access to life-saving treatment buprenorphine.
Study provides new insight into low social determinants of health screening rates
Researchers found that less than two percent of patients in Medicaid and commercially insured plans received Z-codes to document Social Determinants of Health. The study highlights the need for improved tracking and documentation of SDOH in healthcare settings, with recommendations for policy changes and provider education.
nTIDE November 2023 Jobs Report: People with disabilities buck cooling trend, reaching new employment highs
The employment-to-population ratio for people with disabilities increased from 37.2% in October 2023 to 38.3% in November 2023, reaching an all-time high. The labor force participation rate also rose, with people with disabilities engaging in the labor force at record rates.
New study finds many couples around the world may share high blood pressure
A new study published in the Journal of the American Heart Association found that many couples around the world share high blood pressure. The research analyzed data from over 50,000 couples in four countries and found a strong association between partners' blood pressure status.
Land taxation can reduce wealth inequality
A new study suggests that land taxation can reduce wealth inequality by increasing investments in productive capital and reducing speculation in real estate. This approach can also benefit low-income households through lower housing costs and increased tax revenues.
nTIDE October 2023 Jobs Report: People with disabilities maintain job gains as economy cools
Despite cooling economic growth, people with disabilities continue to make strides in the labor market, maintaining their record-high employment-to-population ratios. The employment-to-population ratio for people with disabilities remained stable at 37.2%, while that of those without disabilities also held steady at 75.2%.
Heat-related cardiovascular deaths in the U.S. may more than double within decades
A new study finds that heat-related cardiovascular deaths may more than double in the US by the middle of the century, with elderly and Black adults being most at risk. The projections suggest that reducing greenhouse gas emissions can mitigate this impact, but infrastructure interventions such as increasing tree cover may also be effe...
Experimental nasal spray may offer quick, easy remedy for treating rapid heartbeat
Researchers found that etripamil nasal spray restored normal heart rhythms within 30 minutes in 54% of patients, making it a potential new option for self-treating paroxysmal supraventricular tachycardia. The study showed the medication to be safe and well-tolerated.
Socioeconomic status may be an uneven predictor of heart health
A new study published in the Journal of the American Heart Association found that improvements in socioeconomic status are not equally beneficial for all racial or ethnic groups. Higher socioeconomic status is linked to better heart health, but this link is greatest among white adults compared to people in other groups.
Obesity-related cardiovascular disease deaths tripled between 1999 and 2020
A recent study found a three-fold increase in obesity-related heart disease deaths in the US between 1999 and 2020. The study highlights racial disparities, particularly among Black women, who faced the highest rates of obesity-related cardiovascular mortality.
New ‘promising medicines’ fund may incentivise commercialisation of high price drugs with weak evidence on clinical benefits
A new fund to fast-track patient access to potentially valuable new medicines may incentivise the pharmaceutical industry to develop high-priced drugs for rare diseases with weak clinical evidence. The NHS England Innovative Medicines Fund risks disincentivising the generation of essential evidence if not implemented appropriately.
Experiencing pain after a heart attack may predict long-term survival
A new study published in the Journal of the American Heart Association found that people who experience pain after a heart attack are more likely to die within the next 8.5 years. The study analyzed data from over 18,300 adults who had a heart attack and found that moderate or extreme pain was linked to a higher mortality risk.