, including portfolio theory, accounting, cost of capital, capital structure, compensation, and macroeconomics …

and combining those signals with priors to form posteriors. These posterior expectations exhibit as-if discounting: agents … forecasting (e.g., those with more intelligence) exhibit less discounting. Agents with more domain-relevant experience exhibit … less discounting. Older agents exhibit less discounting (except those with cognitive decline). Agents who are encouraged to …

There is a strong, positive and well-documented correlation between education and health outcomes. There is much less … evidence on the extent to which this correlation reflects the causal effect of education on health - the parameter of interest … education on health. Our approach exploits two changes to British compulsory schooling laws that generated sharp differences in …

This paper examines the influence of health conditions on academic performance during adolescence. To account for the … endogeneity of health outcomes and their interactions with risky behaviors we exploit natural variation within a set of genetic … statistical properties for ADHD, depression and obesity. They help to reveal a new dynamism from poor health to lower academic …

An open question in the literature is whether families compensate or reinforce the impact of child health shocks … negative early health shocks at ages 0-3, the other twin sibling who did suffer negative health shocks received RMB 305 more in … terms of health investments, but received RMB 182 less in terms of educational investments in the 12 months prior to the …