Medicaid Access During Economic Distress: Lessons Learned From the Great Recession

2020 ◽  
pp. 107755872090923 ◽  
Author(s):  
Joseph Benitez ◽  
Victoria Perez ◽  
Eric Seiber
Keyword(s):  
Great Recession ◽  
Lessons Learned ◽  
Eligibility Criteria ◽  
The Public ◽  
Economic Distress ◽  
The Great Recession ◽  
Medicaid Enrollment ◽  
Economic Downturns ◽  
Medicaid Eligibility ◽  
New Evidence

Medicaid enrollment increases during economic downturns which imply households using the public health insurance program during coverage gaps due to job loss. However, we provide new evidence demonstrating that the Medicaid program’s countercyclical protections against economic downturns are largely concentrated in states with more generous Medicaid eligibility criteria for adults. We exploit the timing of the 2007-2009 Great Recession to compare trends in recession-linked Medicaid enrollment between states with more generous Medicaid eligibility guidelines and states with more restrictive guidelines. For similar effects of the recession, Medicaid enrollment grew larger states in with more generous Medicaid programs. Our work suggests for every 100 people becoming unemployed in states with a restrictive Medicaid program, about 96 would be uninsured, and about 11 would enroll in Medicaid. Conversely, about 49 would be uninsured in a state with more generous Medicaid guidelines and 57 would enroll in Medicaid.

Financial Crises and the Public Discourse on Financial Elites

2018 ◽  
Author(s):  
Youssef Cassis ◽  
Giuseppe Telesca
Keyword(s):  
Great Depression ◽  
Great Recession ◽  
Public Discourse ◽  
Codes Of Conduct ◽  
The Public ◽  
The Great Recession ◽  
The Great Depression ◽  
Early Twenty ◽  
Before And After ◽  
Late Twentieth

Why were elite bankers and financiers demoted from ‘masters’ to ‘servants’ of society after the Great Depression, a crisis to which they contributed only marginally? Why do they seem to have got away with the recent crisis, in spite of their palpable responsibilities in triggering the Great Recession? This chapter provides an analysis of the differences between the bankers of the Great Depression and their colleagues of the late twentieth/early twenty-first century—regarding their position within, and attitude towards the firm, work culture, mental models, and codes of conduct—complemented with a scrutiny of the public discourse on bankers and financiers before and after the two crises. The authors argue that the (relative) mildness of the Great Recession, compared to the Great Depression, has contributed to preserve elite bankers’ and financiers’ status, income, wealth, and influence. Yet, the long-term consequences of their loss of reputational capital are difficult to assess.

Welfare and the Great Recession

2019 ◽  
Keyword(s):  
Great Recession ◽  
Social Protection ◽  
Government Policies ◽  
Institutional Characteristics ◽  
Welfare Regimes ◽  
The Great Recession ◽  
Level Of Living ◽  
Crisis Responses ◽  
New Evidence ◽  
The Welfare State

This book surveys and analyses the welfare consequences of the Great Recession in Europe and investigates how the burdens of the crisis were shared—between countries, between different socio-economic groups across Europe, and within individual countries. The studies are based on broad comparisons of 30 countries and deeper analyses of 9 country cases. The approach is grounded in classical theories about crisis responses and relates financial hardship to institutional characteristics—such as welfare regimes, currency regimes, socio-political patterns, affluence levels, public debt, and policy reactions during the crisis period—for example, stimulus versus austerity, the degree of social protection emphasis, the commitment to redistribution, and the significance of activation. Welfare and the Great Recession offers new evidence on and demonstrates the importance of the welfare state and government policies with regard to sheltering populations from the level of living consequences of serious economic contraction and distributing burdens in a crisis situation. The book offers various lessons from the crisis experience in Europe and ends with a discussion about welfare futures in a globalized, crisis-prone environment.

scholarly journals Double down: economic downturn and increased competition impacts on casino gaming and employment

2020 ◽  
Vol 34 (1) ◽  
pp. 105-124
Author(s):  
Byron Marlowe ◽  
Tianshu Zheng ◽  
John Farrish ◽  
Jesus Bravo ◽  
Victor Pimentel
Keyword(s):  
Great Recession ◽  
Design Methodology ◽  
Economic Downturn ◽  
Intervention Analysis ◽  
Social Scientists ◽  
Content Type ◽  
The Great Recession ◽  
Casino Gaming ◽  
Economic Downturns ◽  
The Us

PurposeThe purpose of this study was to create a more balanced, comprehensive and valid illustration of the relationships between casino gaming volume and employment during economic downturns in urban and rural locations in nondestination gaming states.Design/methodology/approachThis study analyzes gaming volumes and employment prior, during and after the recession of 2007–2009, using a time series with intervention analysis on a monthly coin in, table drop and regression analysis on employment impacts of casinos.FindingsFindings indicate that while there was a slight drop in gaming revenue and employment figures during the economic downturn, nondestination gaming locations such as Indiana proved relatively resilient to an economic downturn.Originality/valueThe Great Recession had no significant impact on gaming volume because gamblers chose to spend their more limited entertainment dollars on less expensive gaming options; in other words, casinos closer to home requiring the expenditure of fewer dollars on travel and/or hotel rooms. The current pandemic and pressures of the macro-environment again threaten the US gaming and casino market with an economic downturn and the results of this study are as timely as ever for hospitality professionals and social scientists to understand the behavior of casinos in recessionary environments.

scholarly journals Spontaneity, Coalition Structure, and Strategic Choice

2020 ◽  
Vol 63 (5) ◽  
pp. 851-869
Author(s):  
Amanda Pullum
Keyword(s):  
Public Sector ◽  
Great Recession ◽  
Organizational Structures ◽  
Coalition Structure ◽  
Sufficient Time ◽  
Strategic Choices ◽  
The Public ◽  
The Great Recession ◽  
Political Tactics ◽  
Public Sector Unions

Following the Great Recession, austerity programs and restrictions on the public sector were introduced worldwide. In this article, I ask how and why labor coalitions in two states used differing organizational structures to respond to “shock politics” that severely restricted public-sector unions in 2011. I find the availability or lack of a citizen-initiated veto referendum shaped but did not completely explain differences in strategic choices between unions in Wisconsin and Ohio. Rather, tensions among allies and lack of time for strategic planning also contributed to a nonhierarchical coalition in Wisconsin, while Ohio unions had ample time to create a bureaucratic coalition and plan a successful veto referendum campaign. I argue that given sufficient time to respond to political threats, hierarchical organizations can promote efficient, effective deployment of some political tactics.

The trade-off between pension costs and salary expenditures in the public sector

2020 ◽  
Vol 20 (1) ◽  
pp. 151-168
Author(s):  
Dongwoo Kim ◽  
Cory Koedel ◽  
P. Brett Xiang
Keyword(s):  
Public Sector ◽  
Great Recession ◽  
Pension Plans ◽  
Teacher Salary ◽  
The Public ◽  
The Great Recession ◽  
Pension Costs ◽  
Crowd Out ◽  
Pension Contribution ◽  
Effect Heterogeneity

AbstractWe examine pension-cost crowd out of salary expenditures in the public sector using a 15-year data panel of state teacher pension plans spanning the Great Recession. While there is no evidence of salary crowd out prior to the Great Recession, there is a shift in the post-recession years such that a 1% (of salaries) increase in the annual required pension contribution corresponds to a decrease in total teacher salary expenditures of 0.24%. The effect operates through changes to the size of the teaching workforce, not changes to teacher wages. An explanation for the effect heterogeneity pre- and post-recession is that public employers are less able to shield the workforce from pension costs during times of fiscal stress. This problem is exacerbated because unlike other benefit costs, such as for health care, pension costs are countercyclical.

scholarly journals Do changes in material circumstances drive support for populist radical parties? Panel data evidence from The Netherlands during the Great Recession, 2007–2015

2019 ◽  
Author(s):  
Noam Gidron ◽  
Jonathan Jan Benjamin Mijs
Keyword(s):  
Panel Data ◽  
The Netherlands ◽  
Great Recession ◽  
Radical Right ◽  
Income Loss ◽  
Individual Level ◽  
The Great Recession ◽  
Economic Downturns ◽  
The 2008 Financial Crisis ◽  
Radical Left

Political developments since the 2008 financial crisis have sparked renewed interest in the electoral implications of economic downturns. Research describes a correlation between adverse economic conditions and support for radical parties campaigning on the populist promise to retake the country from a corrupt elite. But does the success of radical parties following economic crises rely on people who are directly affected? To answer this question, we examine whether individual-level changes in economic circumstances drive support for radical parties across the ideological divide. Analyzing eight waves of panel data collected in The Netherlands, before, during, and after the Great Recession (2007–2015), we demonstrate that people who experienced an income loss became more supportive of the radical left but not of the radical right. Looking at these parties’ core concerns, we find that income loss increased support for income redistribution championed by the radical left, but less so for the anti-immigration policies championed by the radical right. Our study establishes more directly than extant research the micro-foundations of support for radical parties across the ideological divide.

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