Spencer McCloy

My Research

Hospital Expansion and Health Outcomes: Evidence from the Hill-Burton Program  /  Working Paper  /  October 2022

This study analyzes the effects of healthcare capital stock expansion and modernization on health outcomes, specifically focusing on the impact of the Hill-Burton Act of 1946 on mortality rates at the county level between 1947 and 1971. Using an instrumental variable approach, I find that counties that received Hill-Burton funding experienced a statistically significant reduction in mortality rates, with a decrease of between 1 and 1.9 deaths per thousand in population compared to the mean deaths per thousand of 8.5. My results suggest that investing in hospital construction and modernization can have a positive impact on population health, highlighting the importance of ongoing efforts to improve healthcare infrastructure.

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My Teaching

Intermediate Macroeconomics  /  Instructor of Record  /  Florida State University  /  Summer 2023

• Student Evaluation Rating:  5 out of 5      (96% response rate)

• One undergraduate section of 18 students

• Textbook:  Blanchard (2021) Macroeconomics, 8th ed, Pearson

Principles of Macroeconomics  /  Instructor of Record  /  Florida State University  /   Summer 2022

• Student Evaluation Rating:  4 out of 5      (54% response rate)

• One undergraduate section of 43 students

• Textbook:  Gwartney et al. (2020) Macroeconomics: Public and Private Choice, 17th ed, Cengage Learning