We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …

We argue that independent entitlement to income is important. This implies that earnings replacement benefits paid to …. The argument also highlights the need to consider gender differences in the receipt of income. We explore the implications …

turn results in systematic differences in the estimated magnitude and significance of the health-income gradient …

propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk … and car insurance using data from the UK. The main empirical results are: ? higher labor income risk induces a higher … demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

growth, which could help to reduce income inequality and support currently globally disappointing output growth rates. The …