Pub Date : 2021-01-01Epub Date: 2021-08-30DOI: 10.1057/s41302-021-00199-3
Julio Huato, Aida Chavez
We use data from the Household Pulse Survey that the US Census Bureau conducted from April 2020 to February 2021 to estimate the probability of symptoms of anxiety and depression among adult Americans. Lack of viable instruments prevent ruling out exogeneity, but the magnitude and strength of association between mental disease and, both, 2019 household income and pandemic-related employment income loss warrant serious attention. Our results stress the importance of policy support to the socially vulnerable in an economic emergency, including cash transfers such as those offered by the 2020 CARES Act or the 2021 America Rescue Plan.
{"title":"Household Income, Pandemic-Related Income Loss, and the Probability of Anxiety and Depression.","authors":"Julio Huato, Aida Chavez","doi":"10.1057/s41302-021-00199-3","DOIUrl":"10.1057/s41302-021-00199-3","url":null,"abstract":"<p><p>We use data from the Household Pulse Survey that the US Census Bureau conducted from April 2020 to February 2021 to estimate the probability of symptoms of anxiety and depression among adult Americans. Lack of viable instruments prevent ruling out exogeneity, but the magnitude and strength of association between mental disease and, both, 2019 household income and pandemic-related employment income loss warrant serious attention. Our results stress the importance of policy support to the socially vulnerable in an economic emergency, including cash transfers such as those offered by the 2020 CARES Act or the 2021 America Rescue Plan.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 4","pages":"546-570"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8404538/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39387558","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01Epub Date: 2021-09-01DOI: 10.1057/s41302-021-00202-x
William Clyde, Andreas Kakolyris, Georgios Koimisis
We investigate the effectiveness of seven government containment and policy closure interventions against the novel coronavirus (SARS-COV-2) pandemic in the OECD countries, at several different time horizons. Our results indicate that only school closings and public transportation closings have a persistently significant impact. Stay-at-home policies only show a significant impact after 70 days. Workplace closings, restrictions on the size of gatherings, and restrictions on internal travel show no significant impact on mortality rates. Moreover, stricter measures are not significantly associated with lower growth rates in mortality.
{"title":"A Study of the Effectiveness of Governmental Strategies for Managing Mortality from COVID-19.","authors":"William Clyde, Andreas Kakolyris, Georgios Koimisis","doi":"10.1057/s41302-021-00202-x","DOIUrl":"https://doi.org/10.1057/s41302-021-00202-x","url":null,"abstract":"<p><p>We investigate the effectiveness of seven government containment and policy closure interventions against the novel coronavirus (SARS-COV-2) pandemic in the OECD countries, at several different time horizons. Our results indicate that only school closings and public transportation closings have a persistently significant impact. Stay-at-home policies only show a significant impact after 70 days. Workplace closings, restrictions on the size of gatherings, and restrictions on internal travel show no significant impact on mortality rates. Moreover, stricter measures are not significantly associated with lower growth rates in mortality.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 4","pages":"487-505"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8409076/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39387559","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01Epub Date: 2021-02-01DOI: 10.1057/s41302-021-00187-7
Lorán Chollete, Sharon G Harrison
When a policymaker introduces a novel policy, she will not know what citizens' choices will be under the policy, and citizens themselves may have to construct new choice sets. This imparts inherent ambiguity to novel policy implementation: The policymaker does not know the probability that citizens will select actions that align with her policy. Assuming that citizens will follow a fixed approach may expose the policymaker to ambiguity neglect, which can result in unintended consequences. We provide examples and a simple formalization. Our results suggest that before implementing novel policies, policymakers should attempt to elicit preferences from citizens.
{"title":"Unintended Consequences: Ambiguity Neglect and Policy Ineffectiveness.","authors":"Lorán Chollete, Sharon G Harrison","doi":"10.1057/s41302-021-00187-7","DOIUrl":"10.1057/s41302-021-00187-7","url":null,"abstract":"<p><p>When a policymaker introduces a novel policy, she will not know what citizens' choices will be under the policy, and citizens themselves may have to construct new choice sets. This imparts inherent ambiguity to novel policy implementation: The policymaker does not know the probability that citizens will select actions that align with her policy. Assuming that citizens will follow a fixed approach may expose the policymaker to ambiguity neglect, which can result in <i>unintended consequences</i>. We provide examples and a simple formalization. Our results suggest that before implementing novel policies, policymakers should attempt to elicit preferences from citizens.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 2","pages":"206-226"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7848876/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10634952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.1057/s41302-020-00181-5
B. Humphreys, J. Nyman, J. Ruseski
{"title":"The Effect of Recreational Gambling on Health and Well-Being","authors":"B. Humphreys, J. Nyman, J. Ruseski","doi":"10.1057/s41302-020-00181-5","DOIUrl":"https://doi.org/10.1057/s41302-020-00181-5","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 1","pages":"29 - 75"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58634711","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01Epub Date: 2021-01-04DOI: 10.1057/s41302-020-00178-0
Brad R Humphreys
A Supreme Court decision legalizing sports betting in the US led states to legalize sports betting in order to generate new tax revenues from wagering on sports events. Most states already permit other forms of gambling and receive tax revenues from these sources. The literature analyzing consumer substitution in gambling spending contains some evidence on the impact of expansions in many types of gambling, but no evidence on the impact of expanded sports betting. This paper exploits the legalization of sports betting and timing of sports book openings in West Virginia to analyze the impact of expanded sports betting on other casino gambling. Evidence using Instrumental Variables and difference-in-differences shows that increased consumer spending on sports betting caused a significant decline in spending on video lottery terminals (VLTs) in casinos, both of which generate tax revenues. Fiscal impacts include $2.6 million in new tax revenue from sports betting and a $45.4 million decrease in VLT tax revenues caused by expanded sports betting.
{"title":"Legalized Sports Betting, VLT Gambling, and State Gambling Revenues: Evidence from West Virginia.","authors":"Brad R Humphreys","doi":"10.1057/s41302-020-00178-0","DOIUrl":"https://doi.org/10.1057/s41302-020-00178-0","url":null,"abstract":"<p><p>A Supreme Court decision legalizing sports betting in the US led states to legalize sports betting in order to generate new tax revenues from wagering on sports events. Most states already permit other forms of gambling and receive tax revenues from these sources. The literature analyzing consumer substitution in gambling spending contains some evidence on the impact of expansions in many types of gambling, but no evidence on the impact of expanded sports betting. This paper exploits the legalization of sports betting and timing of sports book openings in West Virginia to analyze the impact of expanded sports betting on other casino gambling. Evidence using Instrumental Variables and difference-in-differences shows that increased consumer spending on sports betting caused a significant decline in spending on video lottery terminals (VLTs) in casinos, both of which generate tax revenues. Fiscal impacts include $2.6 million in new tax revenue from sports betting and a $45.4 million decrease in VLT tax revenues caused by expanded sports betting.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 1","pages":"9-28"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7780079/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38801966","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01Epub Date: 2021-01-04DOI: 10.1057/s41302-020-00182-4
Victor Matheson
{"title":"An Overview of the Economics of Sports Gambling and an Introduction to the Symposium.","authors":"Victor Matheson","doi":"10.1057/s41302-020-00182-4","DOIUrl":"https://doi.org/10.1057/s41302-020-00182-4","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 1","pages":"1-8"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7780080/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38801967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.1057/s41302-020-00180-6
R. Brymer, R. Rodenberg, Huimiao Zheng, Tim R. Holcomb
{"title":"College Football Referee Bias and Sports Betting Impact","authors":"R. Brymer, R. Rodenberg, Huimiao Zheng, Tim R. Holcomb","doi":"10.1057/s41302-020-00180-6","DOIUrl":"https://doi.org/10.1057/s41302-020-00180-6","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 1","pages":"91 - 106"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48449637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01Epub Date: 2021-09-08DOI: 10.1057/s41302-021-00198-4
Alexandre Olbrecht
{"title":"Human Suffering and Natural Experiments: How Empirical Economics can unmask the devastation of Covid-19.","authors":"Alexandre Olbrecht","doi":"10.1057/s41302-021-00198-4","DOIUrl":"https://doi.org/10.1057/s41302-021-00198-4","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 4","pages":"461-463"},"PeriodicalIF":1.1,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8425012/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39408072","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-10-06DOI: 10.1057/s41302-020-00176-2
R. L. Moore, Hanna Song, James D. Whitney
{"title":"Do Students Discriminate? Exploring Differentials by Race and Sex in Class Enrollments and Student Ratings of Instructors","authors":"R. L. Moore, Hanna Song, James D. Whitney","doi":"10.1057/s41302-020-00176-2","DOIUrl":"https://doi.org/10.1057/s41302-020-00176-2","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"47 1","pages":"135 - 162"},"PeriodicalIF":1.1,"publicationDate":"2020-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58635058","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-07-27DOI: 10.1057/s41302-020-00174-4
Selçuk Eren, A. Nutting
{"title":"Political Environment and US Domestic Migration","authors":"Selçuk Eren, A. Nutting","doi":"10.1057/s41302-020-00174-4","DOIUrl":"https://doi.org/10.1057/s41302-020-00174-4","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":"46 1","pages":"525 - 556"},"PeriodicalIF":1.1,"publicationDate":"2020-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48778605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}