The Federal Reserve Bank of New York. Photo: Associated Press

The Patient Protection and Affordable Care Act does not appear to have impeded the economic recovery. That’s according to a recent analysis by the Federal Reserve Bank of New York. 

Among other things, Maxim Pinkovskiy, the economist who authored the report, did not find that there was a significant shift away from hiring full-time workers as a way to avoid providing employees with health insurance. The provision of PPACA that requires large employers provide insurance to full-time workers or pay a fine only took effect in the beginning of 2015, meaning that future analysis of its impact might show a more convincing effect. 

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