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 …

have a constitutional right to health care, but insurance companies that manage delivery impose restrictions on access. We …

This paper studies the effects of the 2012 Deferred Action for Childhood Arrivals (DACA) initiative on health insurance … discontinuity in program eligibility criteria. We find that DACA increased insurance coverage. In states that granted access to … Medicaid, the increase was driven by an increase in public insurance take-up. Where public coverage was not available, DACA …

government-provided health insurance programs such as Medicaid. …

) severance insurance plans or (ii) severance savings plans is important; savings plans have no "firing cost" effects on employer … layoff decisions. The firing cost implications of insurance plan are sensitive to the types of job separations that qualify a …

due to the limited pledgeability of human capital. We show analytically that, consistent with the life insurance data, in … account for the life-cycle variation of life-insurance holdings, financial wealth, earnings, and consumption inequality … insurance. …

rationality and health insurance externalities. We also calculate the long term financial consequences of current US and European …