Background: Type 2 diabetes (T2D) is a prevalent chronic disease that affects not just patients but entire families. Both the patient and the rest of the family may benefit from gaining knowledge about the disease and from supportive interfamilial interaction. The Internet is becoming a widely-used resource for health information, so a Web-based solution could potentially promote awareness and ...

We show that during the Great Recession, more-flexible sectors paid lower sectoral bond spreads. rationalize this fact with a model input-output linkages, heterogeneous elasticities, and binding working capital constraints in use of intermediates. difference flexibility between upstream downstream is key for determining role linkages amplifying or mitigating distortions. Calibrating to US econo...

This paper combines a data-rich environment with machine learning algorithm to provide new estimates of time-varying systematic expectational errors (“belief distortions”) embedded in survey responses. We find sizable distortions even for professional forecasters, all respondent-types overweighting the implicit judgmental component their forecasts relative what can be learned from publicly avai...

Although initially originated as a totally empirical relationship to explain the volume of trade between two partners, gravity equation has been the focus of several theoretic models that try to explain it. Specialization models are of great importance in providing a solid theoretic ground for gravity equation in bilateral trade. Some research papers try to improve specialization models by addi...

Increases in the minimum wage can substantially reduce earnings inequality. To demonstrate this, we combine administrative and survey data with an equilibrium model of Brazilian labor market. We find that a 128 percent increase real Brazil between 1996 2018 had far-reaching spillover effects on wages higher up distribution. The increased accounts for 45 large fall inequality over this period. A...

We study the importance of input-output (IO) linkages and sectoral productivity (TFP) in determining cross-country income differences. find that while highly connected sectors are more productive than typical sector poor countries, opposite is true rich ones. To assess quantitative role TFP differences differences, we decompose variation using a multisector general equilibrium model. IO substan...

Motivated by the effects of COVID-19 pandemic, we present a theory Keynesian supply shocks: shocks that reduce potential output in sector economy, but that, reducing demand other sectors, ultimately push aggregate activity below potential. A shock is more likely when elasticity substitution between sectors relatively low, intertemporal high, and markets are incomplete. Fiscal policy can display...

This paper examines the existence and nature of equilibria and balanced growth paths in the Uzawa-Lucas two-sector endogenous growth model with elastic labor supply. We demonstrate that it is not possible to merely insert a labor-leisure choice into the model, as has occasionally been done in in the past— the resulting …rst order conditions for the representative agent violate the Pontyagrin ma...

This paper develops a simple accounting framework that measures the effect of resource misallocation on aggregate productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of taxes on sectoral factor inputs. This framework is flexible for demand side assumptions such as preference and aggregate production function. Moreover, thi...