Showing 1 - 10 of 25
La crise survenue au cours des années 1970 a eu comme conséquence de mettre à mal les différents systèmes de protection sociale. En effet, élaboré pendant une période de forte croissance économique et fondé sur la norme du plein emploi, le modèle d'emploi fordiste français a été...
Persistent link: https://www.econbiz.de/10008791061
In electricity markets where competition has been established for a long time, a nuclear operator familiar with the operation of such markets could be interested in the optimal long-term management of a flexible nuclear set (like the French) in a competitive market. To obtain a long vision of...
Persistent link: https://www.econbiz.de/10010635146
In the case of a large nuclear set (like the French set), nuclear production needs to be flexible to adjust to the predicted evolutions of the energy demmand. Consequently, the dominant position of nuclear in the national energy mix makes it responsible for the overall equilibrium of the...
Persistent link: https://www.econbiz.de/10011025803
This paper aims at presenting the insurance cost-of-capital com- putation issue. It highlights two methodologies … premium adopted by supervisory authorities. These strategies are based either on market return of insurance companies or on … the modelling of insurance business profit and loss. We estimate a cost-of-capital rate corre- sponding to these basic …
Persistent link: https://www.econbiz.de/10009393806
. Furthermore, farmers have little access to traditional crop insurance, which suffers from high information asymmetry and … design such projects in order to choose the meteorological index, the indemnity schedule and the insurance premium, is …
Persistent link: https://www.econbiz.de/10009401368
The paper investigates whether, as is often suggested by the literature, diversification towards the non-agricultural sector is considered as a risk-mitigating strategy by rural Pakistani households. This issue has already been addressed but usually as an ex post mechanism, i.e. smoothing...
Persistent link: https://www.econbiz.de/10010750552
We study an economy where intermediaries compete over contracts in a nonexclusive insurance market affected by moral …
Persistent link: https://www.econbiz.de/10010751017
This paper analyzes the efficient design of insurance schemes in the presence of aggregate shocks and moral hazard. The … identical but are subject to idiosyncratic shocks. Without moral hazard, optimality requires (1) full insurance against … conflicts with the full insurance of idiosyncratic shocks. In particular, how is the sharing of macro-economic risks across …
Persistent link: https://www.econbiz.de/10010738915
model to highlight how liquidity and insurance constraints respond differently to the time profile of expected cash …
Persistent link: https://www.econbiz.de/10010738986
This paper focusses on the insurance role of religion in buffering the well-being impact of stressful life events, and … religious unemployed are less likely to be actively looking for work). In panel data, as implied by insurance, the religious … have less variation in life satisfaction. Last, we suggest that religion's insurance role might be reflected in support for …
Persistent link: https://www.econbiz.de/10010739093