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Weekly Seminar Series

Carolina Arteaga from the University of Toronto visits the department on December 2nd.

Nov 28, 2022

 

Assistant Professor of Economics, Carolina Arteaga, University of Toronto will visit our department in-person Friday December 2, 2022 at 3p.m. EST. 
 

Carolina will present, "A Manufactured Tragedy: The Origins and Deep Ripples of the Opioid Epidemic”.  

 
Abstract

This paper studies the origins and consequences of the opioid epidemic. Drawing on recently unsealed records from state litigation against Purdue Pharma, we exploit detailed features of the marketing of OxyContin—which initially targeted the cancer pain market—to assess the role of supply-side factors in the origins of the epidemic. We exploit the differential promotion of OxyContin and its competitors across geographies as a source of exogenous variation in the supply of opioids to quantify its effects on opioid mortality, adult wellbeing, and assess its intergenerational impacts. We document a strong link between Purdue Pharma’s promotional targeting and future increases in the supply of prescription opioids and overdose deaths. Also, we estimate the epidemic triggered a significant increase in disability and SNAP claims, accompanied by worsening infant health and increased non-marital fertility rates.