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One theory for why there is an education gradient in health outcomes is that more educated individuals more quickly absorb new health-related information. The measles, mumps, and rubella (MMR) controversy provides a case where, for a short period, some publicized research suggested that the...
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This paper analyzes the main uncertainty of college saving - the child’s ability - in the context of the saving with … child’s ability. The model infers that, with enough time spent learning, information can improve parents’ welfare. This can … status and the child’s true ability. Next, I test the implications of the model from the Panel Study of Income Dynamics/Child …
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