This paper examines the causal effect of childcare provision on grandparents' health in the US. We propose the sex ratio among older adults' children as a novel instrument for grandparental childcare provision. Our instrument is rooted in the demographic literature on grandparenthood and...

In this paper we estimate the effects of college education on cognitive abilities and health exploiting exogenous variation in college availability and student loan regulations. By means of semiparametric local instrumental variables techniques we estimate marginal treatment effects in an...

To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with an individual mandate. Relying on unique claims panel data from a large private insurer...