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Ill-health can be expected to reduce employment and income. But are the effects sustained over time? Do they differ …, on employment and income up to six years after the health shock using linked Dutch hospital and tax register data. On … either employment or income. The distribution of ill-health contributes to income inequality: a health shock is both more …
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-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested … insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers … wages. …
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Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … available to both wage earners and self-employed on a voluntary basis, we estimate the causal effect of UI cover on the self-employment …
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We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
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