https://macropaperwarehouse.com/authors/elena-capatina/Elena CapatinaHugo -- gohugo.ioen-ushttps://macropaperwarehouse.com/papers/health-shocks-health-insurance-human-capital-and-the-dynamics-of-earnings-and-health/https://macropaperwarehouse.com/papers/health-shocks-health-insurance-human-capital-and-the-dynamics-of-earnings-and-health/<p>Capatina and Keane build and calibrate a life-cycle model of labor supply and savings for U.S. men that incorporates health shocks, endogenous human capital accumulation via learning-by-doing, employer-sponsored health insurance (ESHI), means-tested social insurance, and endogenous medical treatment decisions. The model is calibrated to White males using the Medical Expenditure Panel Survey (MEPS) for 2000–2013, supplemented by CPS, HRS, and PSID data; separate calibrations are presented for Black and Hispanic men with high school or less education.</p>