Fearonomics

COVID-19 has had a disastrous effect on the economy. While some portion of the economic effect is people becoming ill, much of the effect is due to individuals changing behavior to avoid contracting the disease. For instance, people are much less likely to go shopping, eat at restaurants, and travel. These latter effects are termed…

How much extra COVID-19 risk would you be willing to accept to open the economy?

That is the basic question that Reed et al. (2020) attempt to answer in their recent paper. The approach they use is as follows: We designed a discrete-choice experiment to administer 10 choice questions to each respondent representing experimentally controlled pairs of scenarios defined by when nonessential businesses could reopen (May, July, or October 2020),…

ISPOR Europe Panel: “Will COVID-19 Accelerate the Adoption of Digital Health Technologies?”

Tomorrow, Monday, November 16 at 15:00 CET (9:00 EST/6:00 PST), I will be on an ISPOR Europe Panel titled “Will COVID-19 Accelerate the Adoption of Digital Health Technologies? Perspectives on Evaluating Digital Health Technologies during Global Disease Outbreaks“. The session will be moderated by Kristian Kidholm, PhD of the University of Southern Denmark, and my…

Friday Links

US debt rises about 100% of GDP. Racism and sickle cell disease. Health insurance among the self-employed. The interaction of minimum drinking age laws and genetics on binge drinking. Sanctuary policies and crime. Does social care prevent healthcare utilization? HDHPs impact the extensive but not intensive margins. DITF .Impact of SES on knee pain.

COVID-19, nursing home quality and vaccination

Interesting findings from an NBER working paper by Cronin and Evans (2020): Higher-quality nursing homes, as measured by inspection ratings, have substantially lower COVID-19 mortality. Quality does not predict the ability to prevent any COVID-19 resident or staff cases, but higher-quality establishments prevent the spread of resident infections conditional on having one. Preventing COVID-19 cases…