The premium-wage trade-off

Since you read Marc Bellemare’s ‘Metric Monday posts (right???), you undoubtedly caught this: Unfortunately, as Spanos (1986), quoted by Kennedy (2008), wrote: “No economic theory was ever abandoned because

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US vs OECD

Something jumped out at me in these two charts from “Health Care Spending: Historical Trends and New Directions,” by Alice Chen and Dana Goldman (NBER, 2015): Yes,

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