capacity to buy healthcare from the market most often get healthcare without having to pay for it directly because they are … either covered by social insurance or buy private insurance. In contrast those who suffer a hand-to-mouth existence, a large … the market because public provision is grossly inadequate or non-existent. This paper suggests a framework and strategy …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …

partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance … 10% of family income leads, at most, to an increase in investments of 1.3% of a standard deviation. -- insurance ; human …