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propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk … and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …
Persistent link: https://www.econbiz.de/10005703033
what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non … conclusion is that NDC is neutral in terms of externalities. It manages the risks and eliminates the negative externalities …
Persistent link: https://www.econbiz.de/10005703380
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked differences in banks' health at the onset of the Great Recession. Several weak banks were rescued by the State and they reduced credit more than other banks. We compare...
Persistent link: https://www.econbiz.de/10010722699
In this paper we provide an analysis of the process of creative destruction across 24 countries and 2-digit industries over the past decade. We rely on a newly assembled dataset that draws from different micro data sources (business registers, census, or representative enterprise surveys). The...
Persistent link: https://www.econbiz.de/10005703134
experiment, based on representative household panel data. The results indicate that the insurance effect of a more forgiving …
Persistent link: https://www.econbiz.de/10008804593
This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S....
Persistent link: https://www.econbiz.de/10011196652
This paper examines the role of social learning in household enrollment decisions for the New Cooperative Medical Scheme in rural China by estimating a static game with incomplete information. Using a rich dataset from the China Health and Nutrition Survey, we find that the social network...
Persistent link: https://www.econbiz.de/10010990935
In 2007, China launched a subsidized voluntary public health insurance program, the Urban Resident Basic Medical … Insurance, for urban residents without formal employment, including children, the elderly, and other unemployed urban residents …
Persistent link: https://www.econbiz.de/10011252288
related risks, particularly in developing countries. Donor organizations, local governments, insurance companies, development …Recently, Weather Index Insurance (WII) has received considerable attention as a tool to insure farmers against weather …
Persistent link: https://www.econbiz.de/10009403387
, nonetheless 50% of the Irish population purchase private health insurance. This paper empirically models the propensity to insure … that persistence is a highly significant determinant of demand for private health insurance and also that it reduces the …
Persistent link: https://www.econbiz.de/10005703221