This study investigates the impact of long-term care insurance (LTCI) on the non-health
consumption of elderly households. By exploiting a quasi-experiment on the public LTCI …

We assess the effect of a means-and asset-tested social insurance program, Medicaid, on
the savings behavior of households. We do so using data on both asset holdings and …

Workers' compensation was established by a coalition of workers, employers, and insurers
who anticipated gains from replacing negligence liability. Employers anticipated reduced …

By reducing uncertainty about future medical expenses, comprehensive health insurance
can reduce households' precautionary saving. We examine this effect using Taiwan micro …

We exploit a quasi-natural experiment arising from the introduction of a health insurance
program in rural China to examine how the insurance coverage affects household …

Consumption decisions are crucial determinants of business cycles and growth. Knowledge
of how consumers respond to the economic environment and how they react to the risks that …

Do severe economic downturns increase intergenerational economic mobility by breaking
links between generations, or do they instead reduce mobility by limiting opportunity for the …

In recent decades, elderly Americans have enjoyed enormous gains in longevity and
reductions in disability. The causes of this progress remain unclear, however. This paper …

The patterns tied to both the reality and the assumptions regarding women's behavior in the
labor force suggest that if there is to be greater equality for women in the workplace, it will be …