Recessions negatively impact the health of individuals experiencing hardship. In this paper, we investigate whether there are also long-term intergenerational health effects through their effects on health behavior of children born during difficult economic times. Based on a theoretical model of...

The fall of the Berlin Wall in November 1989 resulted in a severe economic downturn and a stark temporary decline in fertility in East Germany. But did it also affect the fertility of future generations? In this paper, I investigate early motherhood - a marker of lifetime disadvantage - of those...

Leigh and Gill measure the responsiveness of community colleges in California to the needs of employers and residents.

Standard economic models which focus on pecuniary payoffs cannot explain why there are highly able individuals who choose careers with low pecuniary returns. Therefore, financial incentives are unlikely to be effective in influencing career choices of these individuals. Based on Akerlof and...

We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using data from the US Health and Retirement Study. We explicitly account for nonresponse, rounding, and focal point 50 percent answers. Our results indicate that for three of the four...

We study how severe acute health shocks affect the probability of not working in the U. S. versus in Denmark. The results not only provide insight into how relative disease risk affects labor force participation at older ages, but also into how different types of health care and health insurance...

Standard economic models which focus on pecuniary payoffs cannot explain why there arehighly able individuals who choose careers with low pecuniary returns. Therefore, financialincentives are unlikely to be effective in influencing career choices of these individuals.Based on Akerlof and Kranton...

Standard economic models which focus on pecuniary payoffs cannot explain why there are highly able individuals who choose careers with low pecuniary returns. Therefore, financial incentives are unlikely to be effective in influencing career choices of these individuals. Based on Akerlof and...