People are paying a lot more attention to US government procurement data. The raw entries you get from usaspending.gov [or "FPDS"] are not very accurate. They are often off by an order of magnitude.

Here's a procedure to get a better measure.
alexandermackay.org/files/Append...

Evidence that the privatization of Medicaid does not save money and likely increases program costs, from Timothy Layton and Eran Politzer https://www.nber.org/papers/w33302

In this case the distortion is the ASA cartel who helps restrict the supply of doctors and crafted this social media campaign to stoke outrage against insurers.

For excellent recent work on such market power, see "Painful Bargaining: Evidence from Anesthesia Rollups:" www.nber.org/system/files...

Hi Jura,
Callaway and Sant’Anna allow this explicitly, with covariates.

We, however, only report the overall ATT(g,t) results.

Are you looking to better understand the heterogeneity?

You could subset the data to non-nested groups and see how the effcts vary.

Happy to chat more

These two papers, taken together, really cause a rethinking of behavioral economies.

Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.

Why are blue-collar voters drifting from the Democratic Party? Is it due to shifts in voter preferences or shifts in party positions? What role do cultural versus economic policies play? My Job Market Paper presents an empirical model that unpacks these dynamics.
1/N

This is an extremely interesting and quite damning article.

I need to dig more into this, but my read on the issues are:

1) Conflating changes in median income vs. change in income for person who was at median

jzmazlish.substack.com/p/yes-inflat...