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This review article examines the role of labor income risk in determining the value of a person’s human capital. We … to assess the value and risk of pension promises. Finally, we discuss how to enrich the environment with heterogeneity in …
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We review the literature on how parental investments respond to health endowments at birth. Recent studies have combined insights from an earlier theoretical literature on how households allocate resources within the family, with a growing empirical literature that identifies early life health...
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