Public Economy

Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.

  • Research Brief

    Valuing the Care We Provide Our Elders

    RAND researchers found that Americans spend over 30 billion hours each year providing informal care for the elderly, at a cost of $522 billion. These findings underscore the need for workplace policies that provide paid time off for caregivers.

    Jan 20, 2015

  • London traffic

    Report

    Evidence review of car traffic levels in Britain: A rapid evidence assessment

    This study presents findings of a rapid evidence assessment of literature to better understand the factors and trends influencing the recent levelling off in total miles driven in Britain.

    Jan 15, 2015

  • The M3 Motorway cutting at Twyford Down

    Report

    Road traffic demand elasticities: A rapid evidence assessment

    This study presents findings of a rapid evidence assessment of literature to better understand the factors driving road transport demand for both passengers and freight.

    Jan 15, 2015

  • News Release

    Who Pays for Health Care in Vermont Under the Current System

    If Vermont considers further health care reform proposals, legislators might look for opportunities to better align the degree of subsidization available for individuals with similar incomes, regardless of whether they are enrolled on the exchange or in employer coverage.

    Jan 14, 2015

  • A stethoscope rests on a credit card.

    Report

    A Look at Health Care Spending in Vermont As It Weighs Reform

    Most Vermont residents receive more in health benefits than they pay for directly or through taxes. Those with lower incomes pay less for health care than those with higher-incomes but there is much variation, something legislators may wish to review as they consider implementing universal health coverage.

    Jan 8, 2015

  • News Release

    Consumers Who Buy Subsidized Health Plans May Face Higher Costs When More Choices Are Available

    For people who buy subsidized coverage through marketplaces created under the ACA, those who live in areas with more plan offerings may have to pay a higher premium to receive the same deductible when compared to consumers in regions with fewer options.

    Jan 6, 2015

  • A board displays currency exchange rates on a Moscow street, December 29, 2014

    Commentary

    Rapprochement with Russia?

    The ruble's fragility presents an opportunity for American and European diplomats to offer Putin a deal that de-escalates the war in Ukraine, provides Russia sanctions relief, and revitalizes Moscow's economic ties with the West.

    Dec 30, 2014

  • Report

    The Economic Cost of Social Security Fraud and Error

    RAND Europe examined the evidence on fraud and error in social security systems in several countries, crafted a definition of fraud as distinct from error and corruption, and looked at the wider costs to society and the drivers of fraud and error.

    Dec 29, 2014

  • Russian President Vladimir Putin during his annual end-of-year news conference in Moscow, December 18, 2014

    Commentary

    How Russia Can Recover from Its Economic and Strategic Decline

    Few expect that Moscow will cede Crimea or end its opposition to NATO expansion anytime soon. But Russia can still begin to reverse its strategic decline. Expanding opportunities for Russia's people, reforming the economy, and improving relations with neighbors are the way forward.

    Dec 24, 2014

  • Report

    Strategies for Managing Sovereign Debt: A Robust Decision Making Approach

    Examines and demonstrates how the Robust Decision Making methodology could be applied to the problem of selecting the government's debt portfolio.

    Dec 24, 2014

  • Don and Susan Rice at RAND's Politics Aside 2014

    Announcement

    Donald B. and Susan F. Rice Support Pardee RAND's 'Be the Answer' Campaign with $1 Million Gift

    Longtime RAND supporters Donald B. and Susan F. Rice, for the third time, have established an endowed scholarship at the Pardee RAND Graduate School. Their most recent gift of $1 million was generously donated as part of Pardee RAND's Be the Answer campaign, which Don Rice chairs and which has thus far raised in excess of $19 million.

    Dec 19, 2014

  • Journal Article

    Organisational Interventions to Reduce Length of Stay in Hospital: A Rapid Evidence Assessment

    This study sought to (i) describe the nature of interventions that have been used to reduce length of stay in acute care hospitals; (ii) identify the factors that are known to influence length of stay; and (iii) assess the impact of interventions on patient outcomes, service outcomes and costs.

    Dec 18, 2014

  • Report

    Essays on Family Welfare and Indian Development Policy

    Explores family welfare and economic development in India.

    Dec 16, 2014

  • Syringe and vaccine medicine

    Report

    The Economic Costs of Antimicrobial Resistance

    More and more bacterial and viral infections are resistant to antimicrobial drugs. But no new classes of antibiotics have entered the market for more than 25 years. Researchers estimate that failing to address this issue will mean a lower world population in 2050 than expected and at least $2 trillion in lost global GDP.

    Dec 10, 2014

  • The Mariannhill landfill site in Durban, South Africa

    Commentary

    In South Africa, Bold Investments Turn Trash into Treasure

    In South Africa's KwaZulu-Natal province, investments made over the past 20 years have created a dump with a difference. Rather than being a blight on the neighborhood of Mariannhill, the state-of-the-art Mariannhill Landfill Conservancy is an asset.

    Dec 3, 2014

  • Environmental pollution

    Journal Article

    A Wedge-Based Approach to Estimating Health Co-Benefits of Climate Change Mitigation Activities in the United States

    This study presents a new framework for estimating the change in health outcomes resulting from implementation of specific carbon dioxide (CO2) reduction activities, allowing comparison of different sectors and options for climate mitigation activities.

    Nov 21, 2014

  • Report

    Looking Backward and Forward: Policy Issues in the Twenty-first Century

    This collection features twenty-five essays written between 2002 and 2007, covering a wide range of worldwide economic, political, security, and diplomatic issues.

    Nov 20, 2014

  • Japan's Prime Minister Shinzo Abe shakes hands with China's President Xi Jinping during a welcoming ceremony of Asia Pacific Economic Cooperation (APEC) forum, in Beijing, November 11, 2014

    Commentary

    A Thaw in Asia

    Chinese President Xi Jinping's meeting with Japanese Prime Minister Shinzo Abe raised hope for the near term that the leaders of both countries can ease tensions between Asia's two largest economies. This marked a welcome turn from the past few years, which saw a serious downturn in China-Japan relations.

    Nov 17, 2014

  • Dayan Candappa, Carlos Slim Helu, and Saad Mohseni at RAND's Politics Aside 2014

    Blog

    The Risks and Rewards of Emerging Markets

    Emerging markets may offer challenges ranging from corruption to the threat of violence, but the rewards can be worth the risks, experts said during a panel discussion at RAND's Politics Aside event. Reuters Americas Editor Dayan Candappa moderated the panel which included Carlos Slim Helú, a businessman, investor, and philanthropist, and Saad Mohseni, CEO of MOBY Group.

    Nov 16, 2014

  • Doctor and patient shaking hands

    Commentary

    A Case for Exchange-Based, Long-Term Health Insurance Policies

    Multi-year health plans have the potential to finally align the interests of health plan enrollees and insurers by reaping long-term benefits of patient health management.

    Nov 10, 2014