The combination of credit constraints and indivisible consumption goods may induce some risk-averse individuals to …

producing sectors contribute to explaining aggregate cycles in output, consumption, investment and hours. To contextualize our … results are first, that Hicks-neutral shocks explain a greater share of output and consumption variation at shorter …- and long-term for output and consumption. Finally, the RBC model outperforms the two-sector model with respect to …

model jointly to services trade and commercial presence (i.e. FDI), using a composite model of delivery that offers testable … hypotheses about the roles of different modes of services supply as complements or substitutes. We further link our estimates to … and financial services as showing the largest potential for cross-border trade when market regulations are reduced and …

health services. The study also documents lessons that India can learn from its South-East Asian competitors in the medical … tourism industry and finally recommends policies that will improve trade in health services between India and Pakistan. … to explore the potential of enhancing trade in the health sector, between India and Pakistan. Based on a survey of …

This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …

We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … has a protective effect for European males and females aged 50+. We also find that the mediating effects of health …

Superstition is a widespread phenomenon. We empirically examine its impact on health-related behavior and health … bad outcomes, we observe substantial adaptions in health-related behavior. Our identification exploits idiosyncratic … is a quantum effect, the latter two effects reflect changes in the timing of events. Efficient public health policy …