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Economic Analysis Methodology

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
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
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
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
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
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

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
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
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
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

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
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
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

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

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
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
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
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
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

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