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Perhaps the most important change of the last century was the great expansion of life itself -- in the US alone, life expectancy increased from 48 to 78 years. Recent economic estimates confirm this claim, finding that the economic value of the gain in longevity was on par with the value of...
Persistent link: https://www.econbiz.de/10005720142
Life expectancy at birth, estimated from United States period life tables, has been shown to vary systematically and widely by region and race. We use the same tables to estimate the probability of survival from birth to age 70 (S70), a measure of mortality more sensitive to disparities and more...
Persistent link: https://www.econbiz.de/10011188531
In response to low take-up, many public schools have experimented with moving breakfast from the cafeteria to the classroom. We examine whether such a program increases performance as measured by standardized test scores, grades and attendance rates. We exploit quasi-random timing of program...
Persistent link: https://www.econbiz.de/10009401247
and early marriages, better health - and generally enabled beneficiaries to improve their agency within their households …
Persistent link: https://www.econbiz.de/10011271449
-markets overlapping-generations model in which individuals choose education and form households, and households choose consumption and … by gender and education. The model is parameterized using micro data from the PSID, the CPS and the CEX. With the … also assess the role played by education, labor supply, and saving in providing insurance against shocks, and in exploiting …
Persistent link: https://www.econbiz.de/10005828546
Individual outcomes are highly correlated with group average outcomes, a fact often interpreted as a causal peer effect. Without covariates, however, outcome-on-outcome peer effects are vacuous, either unity or, if the average is defined as leave-out, determined by a generic intraclass...
Persistent link: https://www.econbiz.de/10011095625
The classic theory of moral hazard concerns the insurance of a single good and predicts that co-insurance is larger when the elasticity of demand is higher and when small risks are insured. We extend this analysis to the insurance of multiple goods; for example, the simultaneous insurance of...
Persistent link: https://www.econbiz.de/10005774418
We explore the effects of two kinds of competition on the cost of capital in the tax-exempt bond market: (1) competition amongst underwriters and (2) competition amongst issuers (most of which are quasi-public special authorities sanctioned by state governments). The first kind of...
Persistent link: https://www.econbiz.de/10005774490
expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were …
Persistent link: https://www.econbiz.de/10005774656
the student and administrator components of the 1997 and 1999 waves of the Harvard School of Public Health (HSPH) College …
Persistent link: https://www.econbiz.de/10005774761