This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral … neighboring a single discontinuity). Participation in the program reduces the incidence of behavioral problems, serious health …

size of stock adjustment decisions, and find broad support for theoretical predictions in formal selection …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

This Paper uses panel data on household consumption and income to evaluate the degree of insurance to income shocks … cases of self-insurance and the complete markets assumption. We assess the degree of insurance over and above self-insurance … conventional demand analysis rather than reduced form imputation procedures. Our results point to some partial insurance but reject …

The full insurance hypothesis states that shocks to the firm's performance do not affect workers' compensation. In … principal-agent models with moral hazard, firms trade off insurance and incentives to induce workers to supply the optimal level … overall earnings variability, the remainder originating in idiosyncratic shocks. Finally, we show that the amount of insurance …

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 …

malaria more salient, leading to a change in beliefs about its importance and to an increase in private health investments. …