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Published Papers

 

Kelly, M.C. (2017). “Health Capital Accumulation, Health Insurance, and Aggregate Outcomes: A Neoclassical Approach.” Journal of Macroeconomics 52, 1-22.

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Kelly, M.C. (2020). “Medicare For All or Medicare For None? A Macroeconomic Analysis of Healthcare Reform.” Journal of Macroeconomics 63, 103170.

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Chatterjee, S., M.C. Kelly, and S.J. Turnovsky (2022). “Foreign Aid, Public Investment, and the Informal Economy.” Economic Inquiry 60(1), 174-201.

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Kelly, M.C. (2022). “Growth and Welfare Implications of Mortality Differentials in Unfunded Social Security Systems” Public Finance Review 50(2), 206-235.

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Kelly, M.C. and M. Kuhn (2022). "Congestion in a Public Health Service: A Macro Approach," Journal of Macroeconomics 74, 103451

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Working Papers

 

"The Role of Foreign Capital Flows in Health Finance" (Revise & Resubmit at Economic Inquiry)

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"Cost Disease and Physician Supply: An Analysis of Rising Healthcare Expenditures from the Supply Side," with Qian Wu

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Research in Progress

 

"The Fiscal Challenge of Funding Healthcare: Examining the Trade-offs between Rising Public Healthcare Expenditures and Discretionary Government Spending," with Torben Klarl and Michael Kuhn

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"Socially-Optimal Healthcare Spending in a Congested Public Health Service," with Torben Klarl and Michael Kuhn​

Endogenous Medical Progress and Economic Growth

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"Public Infrastructure and Health Care Effectiveness in India," with Langley Cerovich

 

"The Effects of Public Infrastructure on Health, Economic Development, and the Effectiveness of Foreign Aid," with Langley Cerovich

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"Research Grants or Scholarships? Optimal Higher Education Policy and Economic Growth"

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Book Chapters

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“Household Labor Supply and Dynamic Macroeconomic Analysis.” (with Ronald S. Warren, Jr.) In Esther Redmount (Ed.), The Economics of the Family: How the Household Affects Markets and Economic Growth, Vol. 2 (Santa Barbara, CA: Praeger, 2015), 237-265.