We study the effect of permanent income innovations on health for a prime-aged population. Using information on more … aggregate data by date-of-birth cohort to construct a 'synthetic cohort' dataset with details of income, expenditure, socio … incomes over the eighties and nineties to uncover causal effects of permanent income shocks on health. We find that such …

In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics (PSID) from 2005-2017 to … explore the transmission of income shocks to consumption. We build on the nonlinear quantile framework introduced in Arellano …, Blundell and Bonhomme (2017). Our focus is on the estimation of consumption responses to persistent nonlinear income shocks in …