GLP-1 drugs have transformed the treatment of type 2 diabetes and obesity. As governments and insurers debate whether and how to cover GLP-1 drugs, much of the discussion focuses on health spending. But obesity and diabetes also impose costs through the labour market. Using linked Danish register data, this column examines whether people are more likely to work after beginning treatment and spend less time away because of illness. The findings reveal that GLP-1 treatment reduces long-term sickness leave, as well as emergency department visits and cardiovascular medication use.
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Safe debt financing: International spillovers and the benefits of fiscal policy coordination
Safe government bonds enjoy a discount known as the convenience yield. When a government issues more debt, it erodes this discount for itself and for other countries – a fiscal…







