When formulating life-cycle models in economics, the economic profession has focused on restrictions on theory from empirical data on consumption, wealth, and leisure. This has yielded substantial progress. However, central aspects of these models must still be regarded as controversial. Two such open questions are how to model families and how to model and measure within-family altruism. The b...

A genetic marker known as apolipoprotein E provides a clear signal of a person's risk of developing Alzheimer's disease and thus that person's future need for long-term care. People who find that they have the variant of the trait that increases Alzheimer's disease risk are more likely to purchase long-term care insurance after receiving this information. If the information is widely introduced...

Students may extend their Graduate UC Student Health Insurance Plan for up to two quarters if on an approved leave of absence. You must have been covered by UC SHIP in the term immediately preceding the term for which you want to purchase coverage or, if you waived enrollment in the prior coverage period, show proof of loss of the plan used to waive. Proof of loss means an official letter of te...

Students may extend their Graduate UC Student Health Insurance Plan for up to two quarters if on an approved leave of absence. You must have been covered by UC SHIP in the term immediately preceding the term for which you want to purchase coverage or, if you waived enrollment in the prior coverage period, show proof of loss of the plan used to waive. Proof of loss means an official letter of te...

When a firm offers health benefits to workers, it exposes the firm to the risk of making payments when workers get sick. A firm can either pay health expenses out of its general assets, keeping the risk inside the firm, or it can purchase insurance, shifting the risk outside the firm. Using data on insurance decisions, we find that smaller firms, firms with more investment opportunities, and fi...