of sickness by age, gender, education and employment status. Employed have a significantly better health record than the … health surveys, complemented by administrative data (morbidity rates of the employed and unemployed) and data from the …

-free physical capital and risky human capital. Households have access to a complete set of credit and insurance contracts, but their … households less than half of human capital risk is insured and the welfare losses due to the lack of insurance range from 3 … parameters have non-negligible effects on equilibrium insurance and welfare, but the result that young households are severely …

-free physical capital and risky human capital. Households have access to a complete set of credit and insurance contracts, but their … households less than half of human capital risk is insured and the welfare losses due to the lack of insurance range from 3 … parameters have non-negligible effects on equilibrium insurance and welfare, but the result that young households are severely …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … and physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that … health externalities due to downsizing imply non-negligible cost for firms, and that wage cuts may have similar effects. …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …

least insured. We document this risk-insurance pattern in data on life-insurance drawn from the Survey of Consumer Finance …. A calibrated version of the model can quantitatively account for the life-cycle variation of insurance observed in the … US data and implies welfare costs of under-insurance for young households that are equivalent to a 4 percent reduction in …