Economic Analysis Methodology

  • Research Brief

    Research Brief

    The economic benefits of equitable global access to COVID-19 vaccines

    Researchers used a global macroeconomic model to examine the economic effects of vaccine nationalism. This brief highlights the cost to 30 high-income countries if low and middle-income countries miss out on initial access to COVID-19 vaccines.

    Dec 17, 2020

  • A nurse prepares to inject a potential COVID-19 vaccine into a human patient, photo by PordeeStudio/Adobe Stock.

    Research Brief

    Unequal Access to COVID-19 Vaccines Would Further Damage the Global Economy

    As long as the coronavirus is not under control in all regions of the world there will continue to be a global economic cost associated with COVID-19. Vaccine nationalism could cost up to $1.2 trillion a year in GDP. If the poorest countries cannot access vaccines, the loss would be between $60 and $340 billion a year.

    Nov 5, 2020

  • Vials of COVID-19 vaccine, photo by MarsBars/Getty Images

    Report

    COVID-19 'Vaccine Nationalism' Could Cost $1.2 Trillion a Year

    Nationalistic behavior by governments may exclude some countries from access to COVID-19 vaccines. This could cost the world economy up to $1.2 trillion a year in GDP. A globally coordinated effort to fight the pandemic is key, not only from a public health perspective but also an economic one.

    Oct 28, 2020

  • Cloud service icon with options and devices, photo by artisteer/Getty Images

    Commentary

    Too Interconnected to Fail

    The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.

    Aug 22, 2020

  • Jonathan Welburn stands on Santa Monica's nearly deserted Third Street Promenade in May 2020, photo by Diane Baldwin/RAND Corporation

    Q&A

    Balancing Public Health and Economic Effects of Physical Distancing: Q&A with Jonathan Welburn

    Jonathan Welburn, an operations researcher at RAND, has spent years studying how economic shocks ripple outward like a contagion through the economy. He recently helped develop an online tool that policymakers can use to manage the health and economic effects of COVID-19 interventions.

    Jul 13, 2020

  • Eggshell with UK and EU flag pattern, photo by Panorama Images/Getty Images

    Commentary

    The Costs of Brexit Uncertainty

    It may be tempting to think that Brexit is now done. But the UK's formal departure from the EU in late January was only the end of the beginning. And uncertainty is likely to affect the UK's economic performance moving forward.

    Mar 3, 2020

  • Research Brief

    Research Brief

    Systemic Risk: It's Not Just in the Financial Sector

    After a decade of focus on financial firms, new analysis using an innovative approach and new dataset shows that firms in a diverse range of sectors, such as technology and telecommunications, pose a systemic risk to the economy at large.

    Feb 3, 2020

  • British and European Union flags in a cloudy sky, photo by themotioncloud/Getty Images

    Report

    Further Trade Uncertainty Due to Brexit Could Cost UK Billions

    The UK's official departure from the EU only ends the first phase of trade uncertainty related to Brexit. Costs to the UK economy are likely to continue during the UK–EU renegotiation period and will increase over time. By the end of 2020, UK GDP could decrease by $5.5 billion (£4.4bn).

    Jan 28, 2020

  • An Anti-Brexit protester demonstrates outside the Houses of Parliament in London, Britain, June 26, 2019, photo by Hannah McKay/Reuters

    Multimedia

    What Are the Potential Economic Implications of Prolonged UK–EU Trade Policy Uncertainty?

    In this Call with the Experts podcast, RAND researchers discuss the potential economic implications of prolonged trade policy uncertainty associated with the renegotiation period between the UK and EU after Brexit.

    Jan 24, 2020

  • Visualization of network graph, image by Jonathan William Welburn/RAND Corporation

    Report

    Systemic Risk in the Broad Economy

    After the 2008 financial crisis, research and policy focused on the risk that heavily interconnected networks could fuel the spread of economic crises—a problem known as systemic risk. A new analysis considers systemic risk in other sectors like technology, telecommunications, and health care.

    Jan 21, 2020

  • Journal Article

    Journal Article

    When Antibiotics Fail: The Expert Panel on the Potential Socio-Economic Impacts of Antimicrobial Resistance in Canada

    Researchers examined the current impacts of AMR on Canada's healthcare system, the future impact on Canada's GDP, and how widespread resistance could influence the day-to-day lives of Canadians.

    Nov 21, 2019

  • A group of people walking outside, photo by sataporn_chayawan/Getty Images

    Report

    A More Physically Active Population Could Increase GDP by Billions

    Exercise affects workplace performance, longevity, and the economy. If people walked just an extra 15 minutes each day, the world economy could grow by about $100 billion a year. Gains are attributed to improved productivity and reduced mortality rates, sick leave, and health care costs.

    Nov 5, 2019

  • Journal Article

    Estimates of Law Enforcement Costs by Crime Type for Benefit-Cost Analyses

    This paper generates state-level, crime-specific, average variable cost estimates for crime-response services conducted by police by crime type.

    Apr 19, 2019

  • Two people checking data on their smart watches while exercising outdoors

    Report

    Can a Wellness Program Incentivize Exercise with an Apple Watch?

    Discovery Insurance offers customers the opportunity to receive an Apple Watch up front, with repayment dependent on their level of physical activity. Compared with a traditional wellness incentive program, this option was associated with higher physical activity levels that persist over time.

    Nov 27, 2018

  • Report

    Report

    Calculating the Gross Regional Product of the Kurdistan Region — Iraq: Arabic translation

    Estimates the gross regional product (GRP) of the Kurdistan Region -- Iraq in 2012 (excluding natural resources) and describes efforts to set up a system for data collection and analysis to support future annual GRP calculation.

    Dec 21, 2016

  • Report

    Report

    Calculating the Gross Regional Product of the Kurdistan Region — Iraq: Kurdish translation

    Estimates the gross regional product (GRP) of the Kurdistan Region -- Iraq in 2012 (excluding natural resources) and describes efforts to set up a system for data collection and analysis to support future annual GRP calculation.

    Oct 21, 2016

  • Corporate financial and investment concept

    Content

    Economics and Econometrics Capabilities at RAND Europe

    RAND Europe employs more than a dozen distinguished economists who support research projects across all sectors and topic areas, using a range of economic and econometric methods.

    Oct 17, 2016

  • Construction cranes in the city of Erbil in Kurdistan - Iraq

    Report

    Calculating the Gross Regional Product of the Kurdistan Region — Iraq

    Estimates the gross regional product (GRP) of the Kurdistan Region -- Iraq in 2012 (excluding natural resources) and describes efforts to set up a system for data collection and analysis to support future annual GRP calculation.

    Mar 22, 2016

  • Laborers carry bricks at a brick factory on the outskirts of Agartala, India, January 7, 2015

    Commentary

    Attacking Poverty Through Employability Interventions

    The UN's goal to end poverty is a worthy undertaking but less clear to policymakers is what the most efficient options are to reduce poverty through employment or training. An analysis of efforts in South Asia finds that investments in interventions that combine business training with financing could yield positive results.

    Oct 16, 2015

  • Two Indian men working in a textile shop

    Report

    Taking Stock of Employment Interventions in South Asia

    While the number has declined over recent decades, estimates of global poverty remain high. Employment is crucial to lift people out of poverty. A review of the most prominent employment interventions in South Asia could provide guidance for future efforts to increase employment.

    Oct 14, 2015