Annuities, long-term care insurance and reverse mortgages remain unpopular to manage longevity, medical and housing price risks after retirement. We analyze low demand using a life-cycle model structurally estimated with a unique stated-preference survey experiment of Canadian households. Low...

This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...

Using data from the COVID-19 questionnaire of the Survey of Health, Ageing and Retirement in Europe (SHARE), we investigate the time patterns of precautionary health behaviours of individuals aged 50 and above during the summer of 2020, an easing phase of the COVID-19 pandemic in Europe. We also...

BackgroundClinical guidelines commonly recommend preventive treatments for people above a risk-threshold. Therefore, decision-makers must have faith in risk-prediction tools and model-based cost-effectiveness analyses for people at different levels of risk. Two problems that arise are inadequate...

This paper estimates the impact on consumer behavior of a firm’s voluntary disclosure of information. Specifically, we study the impact of Starbucks’ disclosure of calorie information on its menu boards in June 2013. Using data on over 250,000 consumers’ visits to specific restaurant...

In this paper, we provide causal evidence on abortions and risky health behaviors as determinants of mental health development among young women. Using administrative in- and outpatient records from Sweden, we apply a novel grouped fixed-effects estimator proposed by Bonhomme and Manresa (2015)...

This study examines the uneven effects of air pollution from maritime ports on physical and mental health across racial groups. We exploit quasi-random variation in vessels in port from weather events far out in the ocean to estimate how port traffic influences air pollution and human health. We...

Many US cities implemented indoor vaccine mandates to incentivize citizens to get vaccinated and reduce the spread of COVID-19. Previous research finds that similar country-level mandates increased vaccine uptake substantially. However, with city-level mandates, unvaccinated individuals could...

It is well known that climate and environmental factors affect the diffusion of COVID-19. This study analyzes the role of wind speed and temperature associate with air pollution in cities categorized with their population density. The paper found that, in the period after lockdown, but before...

Children exposed to pollutants like lead are more disruptive and have lower achievement. However, little is known about whether lead-exposed children affect the long-run outcomes of their peers. We estimate these spillover effects using new data on preschool blood lead levels (BLLs) matched to...

This study investigates the different cognitive and non-cognitive characteristics associated with individuals’ willingness to get vaccinated against Covid-19 and their actual vaccination status. Our empirical analysis is based on data obtained from three survey waves of about 2,000 individuals...

This research proposes a dynamic control modeling of income allocation between life insurance purchase and consumption subject to market incompleteness. We adopt a no-good-deal specification of the multiplicity of stochastic discount factors, and treat death as a stopping time on the...

This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...

Public companies in the United States are required to file annual reports (i.e., Form 10-K) and disclose, among other things, the risk factors that may harm their stock price. The risk of a pandemic was well-known before the recent crisis, and we now know that the initial impact on many...

Using spatial and temporal variation in openings of fast food restaurants in Norway between 1980 and 2007, we study the effects of changes in the supply of high caloric nutrition on the health and cognitive ability of young adult males. Our results indicate that exposure to these establishments...

We study how background health risk affects financial risk-taking. We elicit financial risk-taking behavior of a representative sample of more than 5,000 Germans in five panel waves during the COVID-19 pandemic. Exploiting variation in local infections across time and space, we find that an...

This paper studies the causal impacts of vaccine eligibility on social distancing behaviors (risk compensation). We apply a regression discontinuity design around the birth date cutoff of vaccine eligibility using large, high-frequency data from credit card and airline companies as well as...

This study explores whether hospitals with higher increases in obesity levels have higher CS rates and the consequential effects on maternal and newborn health in Mexico for 2008-2015. It models how changes in the obesity level of hospitals' patient pools may affect the quantity and quality of...

Policies that aim to reduce the prevalence of obesity have been high on the policy agenda for many years - see, for example, DHSC (2020) and Dimbleby (2021). Understanding the costs associated with obesity is important for informing policy. Bell and Deyes (2022) have recently produced what are,...

This study investigates the different cognitive and non-cognitive characteristics associated with individuals' willingness to get vaccinated against Covid-19 and their actual vaccination status. Our empirical analysis is based on data obtained from three survey waves of about 2,000 individuals...

In settings where resistance and rampant misinformation against vaccines exist, the prospect of containing infectious diseases remains a challenge. Can delivery of information regarding the benefits of vaccination through personal home visits by local ambassadors increase vaccine uptake? We...

Recent research suggests that short-term exposure to air pollution is associated with an elevated prevalence of respiratory infectious disease. We examine the relationship between the air quality index (AQI) and weekly cases of influenza-like illnesses (ILI) and COVID-19 in the United States. We...

Using spatial and temporal variation in openings of fast food restaurants in Norway between 1980 and 2007, we study the effects of changes in the supply of high caloric nutrition on the health and cognitive ability of young adult males. Our results indicate that exposure to these establishments...

We provide a framework to disentangle preferences and beliefs in health behavior and apply it to lockdown compliance in the UK. We estimate a model of compliance choice with uncertain costs and benefits to quantify utility tradeoffs, decompose group differences in compliance, and compute...

In light of the low public awareness of ozone pollution and the potential health threats posed by long-term ozone exposure, this study estimates the causal effect of long-term ozone exposure on respiratory mortality. By employing an instrumental variable based on the long-distance transmission...

This study aims to determine the extent of lead exposure and examine the health risks associated with consuming lead-contaminated leafy vegetables. Five types of leafy vegetables, including Chinese kale, cabbage, Chinese cabbage, lettuce, and parsley, were collected from the Southern Northeast...

This study explores whether hospitals with higher increases in obesity levels have higher CS rates and the consequential effects on maternal and newborn health in Mexico for 2008-2015. It models how changes in the obesity level of hospitals' patient pools may affect the quantity and quality of...

Single mothers are more likely to experience mental health problems and stress-related negative health behaviors, but a more generous safety net may improve these outcomes. We use a simulated safety net eligibility approach that accounts for interactions across safety net programs and relies on...

To end the COVID-19 pandemic and ensure a return of normalcy, an effective and safe vaccine is the best hope. The vaccine nationalism approach, adopted by some countries to gain preferential access to emerging COVID-19 vaccines, poses a threat to the fair and equitable distribution of the...