31st July 2013
…there is some evidence that Obamacare is leading some employers to lower the number of hours employees work to avoid having to provide health insurance under the ACA. Case in point: Virginia community colleges.
Second, my colleague Jason Fichtner sends me this new NBER paper by economists Garthwaite, Gross, and Notowidigdo, which suggests the ACA may cause even larger reductions in labor supply of lower-income Americans. While I am not sure how reliable their data or methodology is, it is interesting and their conclusions don’t seem far-fetched considering what we’ve been observing in the past.
And the hits just keep on comin’. Thanks a lot, Barry; we couldn’t have done it without you!