I present a model of the health capital investment decision of a firm using a moral hazard framework. Health capital … investment increases the probability that a worker is present and productive. The firm cannot verify a worker's health capital … investment decision. When a firm invests in health capital, the investment is verifiable because the firm contracts with the …

research and development, and are larger invest more in health capital.Further, health capital investment positively affects …In 2005, U.S. employers spent more than $500 billion on health insurance. I argue that firms invest in worker health to … physical capital. Using firm-level health insurance data, I find firms that have higher labor productivity, spend more on …

This paper investigates the impacts of large scale land investments on the health of children. I use household data of … the 2005 and 2011 Demographic Health Surveys (DHS) for Ethiopia and combine them with information of large scale land … investment projects provided by the Land Matrix Observatory. This data provides information about the location of the land …