Southern Economic Journal
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southerneconj.bsky.social
Southern Economic Journal
@southerneconj.bsky.social
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The Southern Economic Journal is a publication of the Southern Economic Association. The SEJ began its publication in 1933.
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southerneconj.bsky.social
"The effect of Certificate-of-Need laws on physician earnings and labor supply," by Moiz Bhai of @ualittlerock.bsky.social.
#CertificateOfNeed #Healthcare #LaborMarket
The effect of Certificate‐of‐Need laws on physician earnings and labor supply
Despite considerable research on Certificate-of-Need (CON) laws in healthcare provision, there is limited evidence on healthcare providers' labor market responses to these laws. Using data from the A...
doi.org
November 5, 2025 at 3:00 PM
southerneconj.bsky.social
Kihwan Bae of @kneecenter.bsky.social and @1armedeconomist.bsky.social of @provcollege.bsky.social evaluate the effect of Certificate-of-Need laws on health care workers.
#CertificateOfNeed #HealthCareWorkers #Wages #Employment
doi.org
October 29, 2025 at 2:00 PM
southerneconj.bsky.social
"The effect of Certificate-of-Need laws on substance use disorder care for vulnerable populations," by Alicia Plemmons and Sarah Drain of @westvirginiau.bsky.social & @kneecenter.bsky.social, and @darwyyndeyo.bsky.social of San Jose State University & @kneecenter.bsky.social.
#SubstanceUseDisorder
The effect of Certificate‐of‐Need laws on substance use disorder care for vulnerable populations
Substance use disorders are a prevalent and growing problem across the United States, especially for households that rely on publicly funded healthcare insurance plans. State Certificate-of-Need (CON....
doi.org
October 22, 2025 at 2:10 PM
southerneconj.bsky.social
Shishir Shakya of @appalachianstate.bsky.social & Christine Bretschneider-Fries of @westvirginiau.bsky.social investigate how substance use Certificate-of-Need laws influence access to substance use disorder treatment facilities in the United States.
#CertificateOfNeed #SubstanceUseDisorderTreatment
The effect of substance use Certificate‐of‐Need laws on access to substance use disorder treatment facilities
We investigate how substance use Certificate-of-Need (CON) laws influence access to substance use disorder treatment facilities in the United States. We use the National Directory of Drug and Alcohol...
doi.org
October 15, 2025 at 2:00 PM
southerneconj.bsky.social
"The causal effect of repealing Certificate-of-Need laws for ambulatory surgical centers: Does access to medical services increase?" by Thomas Stratmann of @georgemasonu.bsky.social, Markus Bjoerkheim of the Joint Economic Committee Republicans, and Christopher Koopman of the Abundance Institute.
The causal effect of repealing Certificate‐of‐Need laws for ambulatory surgical centers: Does access to medical services increase?
In many states, Certificate-of-Need (CON) laws prevent ambulatory surgical centers (ASCs) from entering the market or expanding their services. This paper estimates the causal effects of state ASC-CO...
doi.org
October 9, 2025 at 2:01 PM
southerneconj.bsky.social
Vitor Melo of @rand.org, @lsigaud.bsky.social of @westvirginiau.bsky.social, Elijah Neilson of Southern Utah University, and Markus Bjoerkheim of the Joint Economic Committee Republicans offer the first estimate of the causal effects of CON laws on rural and urban healthcare access.
#Regulation
Rural healthcare access and supply constraints: A causal analysis
Certificate-of-Need (CON) laws require that healthcare providers receive approval from a state board before offering additional services in a given community. Proponents of CON laws claim that these ...
doi.org
October 7, 2025 at 2:00 PM
southerneconj.bsky.social
"Certificate-of-Need laws in healthcare: A comprehensive review of the literature," by Matthew D. Mitchell of the Fraser Institute.
#CertificateOfNeed #Healthcare #Regulation
Certificate‐of‐Need laws in healthcare: A comprehensive review of the literature
Certificate-of-Need (CON) laws limit the supply of healthcare services in about two-thirds of U.S. states. The regulations require those who wish to open or expand their facilities to first prove tha....
doi.org
October 2, 2025 at 2:00 PM
southerneconj.bsky.social
The symposium introduction by Edward J. Timmons of Archbridge Institute examines the question: "Is certificate-of-need needed?"
#CertificateOfNeed #RuralPatients #SubstanceUseDisorderTreatment #LaborMarket
Symposium introduction: Is certificate‐of‐need needed?
Certificate-of-need (CON) laws have been extensively studied in the existing literature, but important questions remain on their broad effects in specific settings and select outcomes. In this sympos...
doi.org
September 30, 2025 at 2:00 PM
southerneconj.bsky.social
"Further evidence on inflation targeting and income distribution," by @jtcoys.bsky.social of @uniofeastanglia.bsky.social and Chrysovalantis Vasilakis of @bangoruniversity.bsky.social.
#IncomeDistribution #InflationTargeting #MonetaryPolicy
⬇️OPEN ACCESS⬇️
Further evidence on inflation targeting and income distribution
This paper examines the effect of inflation targeting (IT) on income distribution in a panel of 70 countries. Employing panel regressions and a variety of propensity score matching methods, we find s....
doi.org
September 25, 2025 at 2:01 PM
southerneconj.bsky.social
C. Richard Higgins of @colgate.edu and Irfan A. Qureshi of @adb.org examine the macroeconomic impact of changing central bank leadership.
#MonetaryPolicy #Inflation
Changes in central bank leadership and inflation dynamics
The macroeconomic impact of changing central bank leadership is examined. We empirically show that frequent changes in central bank leadership are associated with more volatile inflation rates. To pr....
doi.org
September 23, 2025 at 2:00 PM
southerneconj.bsky.social
"Enhancing resilience with natural growth targeting," by Athanasios Orphanides of MIT.
#FederalReserve #MonetaryPolicy #Pandemic
⬇️OPEN ACCESS⬇️
doi.org
September 18, 2025 at 2:00 PM
southerneconj.bsky.social
Joshua Hendrickson of @olemiss.bsky.social makes the case for a nominal GDP level target in the United States.
#FederalReserve #MonetaryPolicy #NominalGDP
The case for nominal GDP level targeting
In this paper, I make the case for a nominal GDP level target in the United States. I begin by arguing that the Federal Reserve's current flexible average inflation targeting regime is deficient. I t....
doi.org
September 16, 2025 at 2:00 PM
southerneconj.bsky.social
"The fate of FAIT: Salvaging the Fed's framework," by @davidbeckworth.bsky.social of the Mercatus Center and Patrick J. Horan of Fiscal Lab on Capitol Hill.
#FederalReserve #Inflation #MonetaryPolicy
The fate of FAIT: Salvaging the Fed's framework
The Federal Reserve's transition to a flexible average inflation targeting (FAIT) framework in 2020 has come under intense scrutiny, given its failure to prevent the recent inflation surge. These dev...
doi.org
September 11, 2025 at 2:00 PM
southerneconj.bsky.social
Lawrence H. White of @georgemasonu.bsky.social explores if the Federal Reserve should raise its inflation target.
#FederalReserve #Inflation #Recession
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Should the Federal Reserve raise its inflation target?
Standard economic reasoning shows that higher inflation imposes higher tax rates on money balances and unindexed savings, causing financial losses to households and reducing their real incomes. The l...
doi.org
September 9, 2025 at 2:00 PM
southerneconj.bsky.social
"Monetarism and Monetary Policy," by Robert L. Hetzel of the Mercatus Center.
#FederalReserve #Inflation #MonetaryPolicy
Monetarism and Monetary Policy
Starting in the 1960s, Milton Friedman defined the monetarist-Keynesian debate. His greatest victory occurred by the end of the 1970s when he argued that the Federal Reserve System, not corporations ...
doi.org
September 4, 2025 at 2:00 PM
southerneconj.bsky.social
Louis Rouanet of University of Texas, El Paso and Alexander William Salter of @ttu.edu examine mission creep at the Federal Reserve.
#FederalReserve #BankingPolicy #MonetaryPolicy
Mission creep at the Federal Reserve
Since the 2008 financial crisis, the Federal Reserve has expanded its objectives beyond the traditional scope of monetary policy. It directly allocates credit, incorporates inequality considerations ...
doi.org
September 2, 2025 at 2:00 PM
southerneconj.bsky.social
"How the Federal Reserve got so huge, and why and how it can shrink," by Bill Nelson of Bank Policy Institute.
#FederalReserve #BankLiquidity #MonetaryPolicy
How the Federal Reserve got so huge, and why and how it can shrink
Following the collapse of Lehman Brothers in September 2008, the Federal Reserve underwent a significant shift in how it implemented monetary policy, transitioning to an excessive-reserves framework ...
doi.org
August 28, 2025 at 2:00 PM
southerneconj.bsky.social
Thomas L. Hogan of University of Austin considers the effectiveness of the Federal Reserve's forward guidance in the 2020–2022 recovery from the Coronavirus pandemic.
#FederalReserve #ForwardGuidance #COVID19
The failure of forward guidance: Lessons from the pandemic recovery
This paper considers the effectiveness of the Federal Reserve's forward guidance in the 2020–2022 recovery from the Coronavirus pandemic. Forward guidance has become a common feature in macroeconomic....
doi.org
August 26, 2025 at 2:00 PM
southerneconj.bsky.social
"The devolution of federal reserve monetary policy strategy, 2012–24," by Peter N. Ireland of @bostoncollege.bsky.social.
#FederalReserve #DualMandate #PhillipsCurve
⬇️OPEN ACCESS⬇️
The devolution of federal reserve monetary policy strategy, 2012–24
The Federal Open Market Committee's 2012 Statement on Longer-Run Goals and Monetary Policy Strategy interprets the Federal Reserve's dual mandate in light of the natural rate hypothesis and the New K....
doi.org
August 21, 2025 at 2:00 PM
southerneconj.bsky.social
Carola Binder of University of Texas at Austin discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
#Inflation #MonetaryPolicy #FederalReserve
The rise of inflation targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States. In the gold standard era, farmers' vulnerability to fall...
doi.org
August 19, 2025 at 2:00 PM
southerneconj.bsky.social
The symposium introduction by Bryan P. Cutsinger and William J. Luther of Florida Atlantic University reviews the Federal Reserve's monetary policy framework introduced in August 2020.
#Greedflation #Inflation #MonetaryPolicy
Symposium introduction: Reviewing the Federal Reserve's framework
The Federal Reserve introduced a new monetary policy framework in August 2020. Shortly after, inflation picked up, reaching a 40-year high of 7.0% in June 2022. We explain why prices have risen so hi...
doi.org
August 14, 2025 at 2:00 PM
southerneconj.bsky.social
The Presidential Address by Gary A. Hoover of @tulaneu.bsky.social examines where poverty in the United States stands today and how we got here.
#Poverty #AmericanFamilies
When user error calls for a product redesign: Poverty in the United States
Click on the article title to read more.
doi.org
August 12, 2025 at 2:00 PM
southerneconj.bsky.social
Camilo Abbate of @ucsantabarbara.bsky.social, Jeffrey Cross of Hamilton College, and Richard Uhrig of the Bureau of Labor Statistics estimate the effect of objective review systems on home field advantage in soccer.
#VideoAssistantReferee #ReviewSystems #Bias
doi.org
August 7, 2025 at 2:00 PM
southerneconj.bsky.social
"The paradox of transfers: Distribution and the Dutch disease," by Nazanin Behzadan of University of Prince Edward Island and Richard Chisik of @torontomet.bsky.social.
#InternationalTrade #ForeignAid #Remittances
⬇️OPEN ACCESS⬇️
The paradox of transfers: Distribution and the Dutch disease
We develop a new model of international trade with nonhomothetic preferences whereby within-country income distribution affects the pattern of trade and economic growth. Alternative forms of foreign ...
doi.org
August 5, 2025 at 2:00 PM
southerneconj.bsky.social
Garth Heutel of @gsueconomics.bsky.social documents evidence for Giffen behavior in the demand for theme park rides.
#ConsumerTheory #Demand #Recreation
Theme park rides are Giffen goods
Using a unique proprietary data set on the behavior of guests visiting theme parks, I document evidence for Giffen behavior in the demand for theme park rides. On average, when the price of a ride in...
doi.org
July 31, 2025 at 2:00 PM