We estimate production functions for cognition and health for children aged 1-12 in India, based on the Young Lives … Survey. India has over 70 million children aged 0-5 who are at risk of developmental deficits. The inputs into the production … investments affect cognitive development at all ages, but more so for younger children. Investments also have an impact on health …

reduced crime rates of the targeted generation and their children by comparable amounts. We attribute these outcomes to …

heterogeneity. In contrast to simpler models that attribute all income fluctuations to shocks, our framework disentangles …

decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each … intergenerational structure of the Panel Study of Income Dynamics. We find that over 60% of shocks to household income are potentially …

choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The … and identify the income process or the information set of the individuals. Second, one can assume that the income process …