Media stories have raised concerns about Florida’s expansion of advanced trauma centers, with newly designated centers charging high trauma activation fees for relatively minor injuries, and Texas has experienced similar expansion in the last decade. In a new working paper, Chair in Health Economics Vivian Ho and her co-authors study the association between trauma center upgrades and patient outcomes — examining Texas commercial claims to track changes in spending, mortality, and readmissions of trauma patients
Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.
To avoid the resource curse, nonresident fellow Todd Moss proposes a direct cash dividend to drive macroeconomic benefit, alleviate poverty and create incentives that drive demand for transparency and sound management.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Over a decade ago, the Inter-American Development Bank led an in-depth analysis of eight South American countries that profoundly influenced the understanding of political institutions and the policymaking process in Latin America. In 2018, the Baker Institute’s Latin America Initiative expanded the project to include four additional Central American countries: Honduras, Guatemala, El Salvador and Panama. These country reports, written in Spanish, are available below.
Hace casi una década, el Banco Interamericano de Desarrollo (BID) impulso un análisis sobre ocho países suramericanos que influyó profundamente el entendimiento de instituciones políticas y el proceso de formulación de políticas públicas en América Latina. El Latin America Initiative del Baker Institute amplió el análisis para incluir a cuatro países de Centro América: Honduras, Guatemala, El Salvador y Panamá. Estos ensayos forman parte del análisis sobre los países de Centro América.
Miguel Cálix Martínez, Julio RaudalesDecember 18, 2018
Public finance fellow Thomas Hogan analyzes the relationship between bank lending and the Federal Reserve's policy of paying interest on excess reserves (IOER).
At least 164 papers have defined a "patent thicket" since the first mention of the term in 1988. Authors are frequently inconsistent in their definitions and overall there is evidence of a growing confusion concerning patent thickets. Our analysis largely resolves this confusion.