New NBER Research

20 July 2017

Requiring Providers to Access Prescription Drug
Histories Reduces Abuse of Opioids

In a study of prescription drug monitoring (PDMP) programs,Dhaval M. Dave, Anca M. Grecu, and Henry Saffer find that requiring providers to query the monitoring program prior to prescribing a controlled drug is associated with a significant reduction in opioid abuse by young adults.

19 July 2017

The Disappointing Recovery of Output after 2009

John G. Fernald, Robert E. Hall, James H. Stock, and Mark W. Watson find that the slow recovery in U.S. output since the recession trough of 2009 has been due to two factors: the slow growth of total factor productivity and the decline in labor force participation. Both factors reflect powerful adverse forces that are largely unrelated to the financial crisis and recession—and that were in play before the recession.

18 July 2017

Why Immigrant Groups from Some Countries
Are 'More Successful' than Those from Others

Because the United States rations immigrant slots, average immigrant educational attainment, which is positively correlated with economic success, is inversely related to the number of people admitted from a source country and positively related to the population of that source country, according to a study by Edward P. Lazear. The study points out that immigrants from Algeria, for example, which receives few slots, have higher educational attainment in the U.S. than those from Israel or Japan.
More Research

New in the NBER Reporter

Development of the American Economy Program
Probes Historical Trends and Turning Points

In recent years, economic historians have refined our understanding of infant mortality, the Industrial Revolution, the Age of Mass Migration, and the Great Depression. Leaders of the NBER's Development of the American Economy Program review that work and more in the latest edition of The NBER Reporter. Also featured in the quarterly publication are economist' reports on their research on energy efficiency policies, the asset management industry, price dispersion and bargain hunting in the macroeconomy, and impacts of air pollution.

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New in the NBER Digest

Exposure to Lead in Childhood Associated with
Later School Suspensions and Juvenile Detention

Research reported in the July edition of The NBER Digest finds a strong link between childhood lead exposure and anti-social behavior. Higher lead levels are associated with higher school suspension and juvenile detention rates, as well as higher incarceration rates later in life. Also featured in this month's Digest are studies analyzing the widening of the pay gap between men and women as they age, assessing the effectiveness of tools employed by the Federal Reserve when lowering interest rates is not an option, exploring how shifting of corporate profits offshore can affect calculation of the U.S. growth rate, examining bias in financial industry misconduct penalties, and comparing the effectiveness of decision making in decentralized and centralized firms during the Great Recession.

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New in the NBER Bulletin on Aging and Health

U.S. Regions Found to Differ Substantially
in Degree of Fragmentation of Health Care

Health care fragmentation occurs when delivery of care is spread across an excessively large number of poorly coordinated providers. It is considered a potentially significant source of inefficiency in the U.S. health care system. Research summarized in the current edition of the NBER's Bulletin on Aging and Health finds that there are substantial regional differences in the degree of fragmentation.

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