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 …

transitions into and out of health insurance coverage. We first decompose racial differences in static health insurance coverage … rates into group differences in transition rates into and out of health insurance coverage. The low rate of health insurance … coverage among African-Americans is due almost entirely to higher annual rates of losing health insurance than whites. Among …

insurance and pensions, across African Americans and the whites in the United States. Using data from the Current Population … employer provided health insurance and pension than whites in the last decade. We also find that the inclusion of racial …