to both wages and changes in family structure. Our study provides the first quantitative statement about the insurance … aspect of the EITC that has received little attention thus far is its role as a public insurance program. Yet, the structure … demographic risk, but have only limited self-insurance capacity. We use the model to compare outcomes under the EITC to the …

Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …

with no paternal shock. In contrast, there was a negligible insurance response for mothers with no employment protection. …Female labor supply can insure households against shocks to paternal employment. The paper estimates whether the female … labor supply response to a paternal employment shock differs by eligibility to maternity employment protection. We exploit …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …

not a contradiction if there were non-monotonic effects on shadow wages within the survey period. In contrast, damage …

technological change along with the increase in the generosity of health insurance may explain independently 53% of the rise in … health spending (insurance 29% and technology 24%) while income less than 10%. By simultaneously occurring over this period …We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …