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Empirically, 83 percent of the 45 million uninsured
in the United States are in working families. As a
result, mandatory employer-provided health insurance
has been one of the hotly debated policies in order
to reduce the portion of the uninsured. However,
whether this mandate is economically justified
remains an open question. This book tries to shed
some light on this problem. It first examines the
effect of health on labor force participation using
data from Medical Expenditure Panel Survey (MEPS).
Based on the empirical findings, a rigorous dynamic
heterogeneous agent model is...