#2005-072C "Information and Drug Prices: Evidence from the Medicare Discount Drug Card Program"
by Emin M. Dinlersoz, Rubén Hernández-Murillo, Han Li, and Roger Sherman
November 2005
Revised December 2006

In early 2004, the U.S. Government initiated the Medicare Discount Drug Card Program (MDDCP), which created a market for drug cards that allowed elderly and handicapped subscribers to obtain discounts on their prescription drug purchases. More...

PUBLISHED: Federal Reserve Bank of St. Louis Review, November/December 2008, 90(6), pp. 643-66

#2004-009B "The Diffusion of Electronic Business in the U.S."
by Emin M. Dinlersoz, and Rubén Hernández-Murillo
June 2004
Revised October 2004

We provide a recent account of the diffusion of electronic business in the U.S. economy using new data from the U.S. Bureau of the Census. We document the extent of the diffusion in three main sectors of the economy: retail, services, and manufacturing. More...