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Not Letting International Students in the US is a Problem according to Philip Luck

July 22, 2020

In the midst of fluctuating regulations, Assistant Economics Professor Philip Luck speculated that if some international students won't be allowed in the US they could have issues with Internet access and censorship and won't be able to connect with peers. "It’s not as though you can just say, 'Oh, well...

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Data Shows Protests Did Not Cause COVID-19 Spikes says Andrew Friedson

July 22, 2020

Andrew Friedson, Assistant Professor of Economics, is an author of the recent study, " Black Lives Matter Protests, Social Distancing, and COVID-19 ,” published by the National Bureau of Economic Research . Using data from Black Lives Matters protests across 315 of America's largest cities, the study found "no evidence"...

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Ernest Boffy-Ramirez on Graduating During a Recession

May 14, 2020

Ernest Boffy-Ramirez, Assistant Professor CT of Economics, discussed the importance of job mobility for graduates entering the labor market during a recession and says, "If you graduate during a recession and start at a lower earnings trajectory, one of the only ways for you to make up lost ground is...

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Andrew Friedson Points Out the COVID-19 Impact on Local Restaurants and Government Coffers

March 30, 2020

Colorado Restaurant Association CEO Sonia Riggs said that business at most eateries was down between 20% and 50% by March 13, even before the new coronavirus restrictions — it is likely to be devastating for some businesses in the short term and transformational for some time to come. “The impact...

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Philip Luck weighs in on the U.S.-Mexico-Canada Agreement’s impact on Colorado

Jan. 22, 2020

"It's basically NAFTA 2.0,” said Philip Luck, Economics Assistant Professor, about USMCA. “In most ways, it's not a substantial change to NAFTA policy." Luck says the new deal would give the U.S. access to Canada’s dairy market, but that’s about all that would change for the agricultural industry. One upside...

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Andrew Friedson considers “total employment” impacts on inflation

Oct. 10, 2019

The state is basically at total employment, which is generally good. However, “unemployment is low enough that economists are going to keep a very close eye on inflation numbers,” said Andrew Friedson, Assistant Professor of Economics. Colorado unemployment flirts with an all-time low, again Colorado Public Radio, Sept 20

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Gas prices town-to-town rely on the supply chain, according to Andrew Friedson

Sept. 10, 2019

Andrew Friedson, Assistant Professor of Economics, said that if Durango has greater demand for gasoline and the supply chain is the same in both towns, Durango should have higher gas prices. Friedson suspects supply differences explain why Durango sees lower gas prices. “If you only have two companies competing in...

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Daniel Rees’ new JAMA study on marijuana usage and legalization

July 23, 2019

Daniel Rees and colleagues published research this month that found legalizing pot does not appear to encourage teen use and might actually discourage it. New JAMA study shows legalizing pot might discourage teen use CNBC , July 8 Study: Teen Use of Marijuana Drops in States Where It Is Legal...

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Ambulances are cheaper than Uber in some cases, according to Andrew Friedson

July 23, 2019

"Medicaid patients in particular have incredibly low out-of-pocket responsibility for ambulances," said study author Andrew Friedson, Assistant Professor of Economics. "The most an ambulance ride covered under Medicaid costs the patient [is] three dollars. If there's a low-cost alternative to Uber to get to the hospital, you're going to take...

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Research of US / China trade war from Phillip Luck

June 18, 2019

Research on tariffs from last year showed that all the additional costs associated with tarrifs were passed on to consumers. The U.S. Chamber of Commerce warned new tariffs are “exactly the wrong move” in a statement, and noted that the five percent tariff on Mexican imports would amount to a...