Showing 1 - 10 of 28
can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …
Persistent link: https://www.econbiz.de/10010270469
study is on determining whether a lack of health insurance significantly impacted vaccination propensities. If it is indeed … the case that a lack of health insurance mattered, this would be informative for policymakers since they tried to address … vaccines were made available free of cost to the public in the United States, irrespective of their insurance status. A policy …
Persistent link: https://www.econbiz.de/10014290107
expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is … utilization in Sweden, so the cost per life-year gained from the introduction of new drugs was quite low. …
Persistent link: https://www.econbiz.de/10010283600
Recent research on the behavioral effects of income taxes has to a large extent focused on the elasticity of taxable income with respect to the net-of-tax rate, i.e., one minus the marginal tax rate. We offer new evidence on this matter by making use of a large panel of Swedish tax payers over...
Persistent link: https://www.econbiz.de/10013316814
A widely spread belief among economists is that monetary policy has relatively short-lived effects on real variables such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle frequencies, but the effects on unemployment may well be more...
Persistent link: https://www.econbiz.de/10013316967
Banking reform has proved to be one of the most problematic elements of economic transition in central and Eastern … Europe. Therefore the paper considers the development of the Estonian banking sector and derives individual banks´ fragility …
Persistent link: https://www.econbiz.de/10010271924
This paper documents that an appreciation of the U.S. dollar is associated with a reduction in the supply of commercial and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U.S. banks’ corporate loan originations by 10...
Persistent link: https://www.econbiz.de/10012892284
effects of mergers and acquisitions in the banking sector to be modest …
Persistent link: https://www.econbiz.de/10013310766
.S. banking industry. We employ a frequency decomposition of volatility spillovers (connectedness) to assess system-wide risk …
Persistent link: https://www.econbiz.de/10013311710
We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century – the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...
Persistent link: https://www.econbiz.de/10014345560