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Demographics and the US Economy
How much can demographic changes account for trends in the U.S. economy? This paper shows that a heterogeneous-agent, overlapping-generations model with historical demographic flows can generate several features of the U.S. economy over the past several decades, including a secular decline in economic growth, a rise in savings relative to GDP, a corresponding decline in real interest rates, and, in part, changes in wealth inequality.
Jorge Barro November 11, 2022
Health insurance
Estimating the Potential Profit Gains from Lowering Employee Health Care Costs for America’s Largest Companies
This report finds that America's largest companies could be increasing their profits by identifying opportunities to reign in the costs of health insurance coverage — while still maintaining or improving the quality of benefits for their employees.
Alan Beltran Lara, Cindy Nguyen, Marah Short, Vivian Ho September 19, 2022