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 …

greater hit score increases market size. A selection effect by which consumers are more picky and select higher quality goods …

This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mecanism, by … in a way that favors the most profitable firm types. Selection may be inadequate because firms are being selected on the … basis of incorrect market signals. Selection itself may reinforce such mispricing, thus generating instability. I compare …

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 …

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 …

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

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