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We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric …
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Childhood disability is a major health shock that affects parents early in their working life. We estimate its impact on parents’ career trajectories, their balance sheets, and major life decisions using detailed register data from Denmark. To identify the causal effect of childhood...
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This supplement contains auxiliary technical results and proofs omitted from Bloedel, Krishna, and Leukhina (2025) (henceforth BKL) and its Supplemental Appendix (henceforth SA). First, Section I proves parts (a)–(c) and (e)–(f) of Theorem 3 from Appendix B.1 of BKL. (Part (d) of Theorem 3...
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In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The … when existing links experience negative shocks. Propagation is a function of access to insurance networks: well …-level) gains from expanding safety nets such as health insurance may be substantially higher than private (household-level) gains. …
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