outcomes. Using the health shock as an instrumental variable shows that the onset of a disability at age 25 causally reduces … model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data … from the British National Child Development Study (NCDS). We show that such health shocks increase the likelihood of an …

We provide novel evidence on the impact of a child's health shock on parental labor market outcomes. To identify the … timing of the health shock. We do this by comparing parents across families in similar parental and child age cohorts whose … children experienced a health shock at different ages. We show that these families have very similar characteristics and were …

To examine the relationship between early health status and financial decisions in adulthood, we link information on … period of 1995-2010. We find that persons predisposed to poor health status in early childhood (indicated by low birth weight … partially explained by the fact that poor early health status leads to risk aversion. Early health status is not significantly …

health and human capital formation for children. Children who experience a parental health shock are more likely to have … take anti-depressants following a parental health shock have lower educational attainments in early adulthood, while …I show that serious, yet common, parental health shocks in childhood have immediate and lasting effects on mental …

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 …

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 …

deutlich risikoaverser. Die Zunahme der Risikoaversion beginnt bereits etwa zwei Jahre vor der Geburt des ersten Kindes, fällt …. Untersuchungen, die den Einfluss von Risikoaversion auf Verhalten betrachten, sollten in ihrer Interpretation daher vorsichtiger sein …