Narrow search
Showing 1 - 10 of 174
Cover Image
Remittances, Banking Status and the Usage of Insurance Schemes
Crayen, Dorothee; Hainz, Christa; Martinez, Christiane … - CESifo - 2010
can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …
Persistent link: https://www.econbiz.de/10008572573
Cover Image
Expectations as Reference Points: Field Evidence from Experienced Subjects in a Competitive, High-Stakes Environment
Bartling, Björn; Brandes, Leif; Schunk, Daniel - CESifo - 2012
the game, measured by the referee’s assignment of cards, with a significantly higher probability if his team is behind the …
Persistent link: https://www.econbiz.de/10010551016
Cover Image
Preferences for Redistribution and Pensions. What can we Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2010
Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences regarding redistribution and asks what this evidence...
Persistent link: https://www.econbiz.de/10008498990
Cover Image
Crowding Out of Long-Term Care Insurance: Evidence from European Expectations Data
Costa-i-Font, Joan; Courbage, Christophe - CESifo - 2014
, the demand for LTC insurance is still ostensibly small in comparison to the financial risk, which is reflected in the … formation of expectations of insurance coverage. One explanation that has received limited support is that expectations of … either ‘public sector funding’ and ‘family bailout’ crowd out individual incentives to seek insurance. This paper aims to …
Persistent link: https://www.econbiz.de/10010812493
Cover Image
Hidden Skewness: On the Difficulty of Multiplicative Compounding under Random Shocks
Ensthaler, Ludwig; Nottmeyer, Olga; Weizsäcker, Georg; … - CESifo - 2014
Multiplicative growth processes that are subject to random shocks often have a skewed distribution of outcomes. In a number of incentivized laboratory experiments we show that a large majority of participants either strongly underestimate skewness or ignore it completely. Participants...
Persistent link: https://www.econbiz.de/10010764292
Cover Image
The Nature of Risk Preferences: Evidence from Insurance Choices
Barseghyan, Levon; Molinari, Francesca; O'Donoghue, Ted; … - CESifo - 2012
We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates "standard …
Persistent link: https://www.econbiz.de/10010571178
Cover Image
Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country
Berlemann, Michael; Steinhardt, Max; Tutt, Jascha - CESifo - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10011277182
Cover Image
Shop Around and You Pay More
Yan, Ji; Tian, Kun; Dixon, Huw D.; Heravi, Saeed; … - CESifo - 2014
We examine the relationship between the prices paid by households and their shopping patterns measured in terms of shopping frequency and the range of stores visited. We use the TNS data which allows us to control for household heterogeneity. The main contribution of the paper is that we find...
Persistent link: https://www.econbiz.de/10010888454
Cover Image
The Effect of Benefits Level on Take-up Rates: Evidence from a Natural Experiment
Dahan, Momi; Nisan, Udi - CESifo - 2007
This paper exploits a quasi-natural experiment to study the effect of social benefits level on take-up rates. We find that households who are eligible for double benefits (twins) have much higher take-up rate - up to double - as compared to a control group of households. Our estimated effect of...
Persistent link: https://www.econbiz.de/10005766194
Cover Image
Take it or Leave it: Take-up, Optimal Transfer Programs, and Monitoring
Jacquet, Laurence - CESifo - 2010
This paper studies the optimal income redistribution and optimal monitoring when disability benefits are intended for disabled people but when some able agents with high distaste for work mimic them (type II errors). Labor supply responses are at the extensive margin and endogenous take-up costs...
Persistent link: https://www.econbiz.de/10008583669