https://jeremyxtmeng.github.io/tags/demand-elasticity/Recent content in Demand Elasticity on Jeremy MengHugoen-usFri, 10 Oct 2025 04:00:59 +0000https://jeremyxtmeng.github.io/portfolio/work_tariffs/Fri, 10 Oct 2025 04:00:59 +0000https://jeremyxtmeng.github.io/portfolio/work_tariffs/<p>In 2025, I worked as an Economist/Data Scientist with <a href="https://manhokang.weebly.com/">Manho Kang</a>, <a href="https://katherynruss.weebly.com/">Kadee Russ</a>, and <a href="https://www.nber.org/people/james_waters">James Waters</a> on a research project evaluating how Trump’s trade policy affected the cost of imported medical goods and the U.S. healthcare system.</p> <ul> <li>Built a novel product-level trade policy database by extracting and standardizing information from 10,000+ pages of legal documents, creating a dataset with 10M+ records to track daily tariff changes across medical goods and source countries.</li> <li>Developed an original procedure to identify roughly 300 medical product categories from more than 10,000 import classification codes, improving the accuracy and granularity of healthcare trade policy measurement.</li> <li>Designed causal inference models to estimate tariff pass-through, demand elasticity, heterogeneous impacts across product groups, and the overall cost burden of trade policy on the U.S. healthcare system.</li> <li>Created documentation, summary tables, and analytical outputs that translated complex legal, trade, and statistical information into clear evidence for economists, policy researchers, and healthcare stakeholders.</li> </ul>