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 …

study is on determining whether a lack of health insurance significantly impacted vaccination propensities. If it is indeed … the case that a lack of health insurance mattered, this would be informative for policymakers since they tried to address … vaccines were made available free of cost to the public in the United States, irrespective of their insurance status. A policy …