We argue that Canadian provincial governments should contain medical care spending in order to invest more in the social determinants of health (SDH). Others have said this, many times. Doing it has not proven easy. We therefore emphasize the potential contribution of the priority-setting and resource allocation literature. This literature identifies formal tools and approaches that have built ...

This paper aims at explaining the dynamics of labor markets in Spain, especially the high persistence of unemployment and the Beveridge curve. We build a stochastic dynamic general equilibrium matching model, which assumes failures in the matching between vacancies and unemployed. We calibrate the model for the Spanish economy and simulate it considering two sources of exogenous shocks: a techn...

Integration affects economic growth mainly through two different channels: The scale-effect channel and the factor-reallocation channel. In order to investigate both channels within a unifying framework, we employ a simple descriptive growth model. The scale-effect channel increases either the long-run growth rate or the level of the balanced growth path. The factor-reallocation channel is ambi...

We estimate a standard human capital earnings model, augmented to allow for different firmspecific wage premia. The earnings of an individual depend on her human capital bundle and the earnings mark-up of the firm she is currently working for. We use linked employer-employee data from Norway which allows us to directly estimate the skill premium as a function of firm specific variables such as ...

Innovative production is driven by creative destruction. High turnover requires frequent reallocation of capital. Banks play a major role in capital withdrawing funds from nonviable firms and redirecting credit to scale up the most productive firms. Structural parameters banking system thus affect country’s comparative advantage innovative sectors. Using Heckscher–Ohlin model with banks, this p...

MASTS Annual Science Meeting Title: Additional insight on potential reallocation scenarios for artisanal fisheries from a spatialBayesian belief network

Recent research has argued that the COVID-19 shock also brought about a real- location shock. We examine evidence for such an occurrence in United States, taking broad perspective. first consider micro data from CPS and JOLTS; there is no noticeable uptick occupation or sector switches, nor churn, either at aggregate level cross-section, when broken down by firms’ size. then whether mismatch un...