We investigate whether late redistribution programs that can be targeted towards low income families, but may distort savings decisions, can ldquo;dominaterdquo; early redistribution programs that cannot be targeted due to information constraints. We use simple two-period OLG models with...

We quantify the effects of the Affordable Care Act (ACA) using a stochastic general equilibrium overlapping generations model with endogenous health capital accumulation calibrated to match U.S. data on health spending and insurance take-up rates. We find that the introduction of an insurance...

We quantify the effects of the Affordable Care Act (ACA) using a stochastic general equilibrium overlapping generations model with endogenous health capital accumulation calibrated to match U.S. data on health spending and insurance take-up rates. We find that the introduction of an insurance...