degrees for financial market offers of insurance and savings. By contrast, welfare states may support private interests … countries. We find complementarity between public welfare (spending and tax subsidies) and life insurance markets for four out …

The provision of flood insurance is a patchwork, with countries showing varying degrees of penetration, coverage types …, demand levels, and design structures. This article explores the current understanding of flood insurance with a specific … focus on the ability of flood insurance to contribute to direct risk reduction. The starting point is a consideration of the …

against failing in the task and also less inclined to buy travel insurance. This suggests intrinsic optimism influences … insurance demand and diminishes adverse selection …

insurance againt the unforeseen contingencies which the ex-ante contract cannot take into account. In this context, we are able … trade-off between the need for incentives and the gains from insurance that voiding in some circumstances offers to the …

Common wisdom states that teenage childbearing reduces schooling, labour market experience and adult wages. However …

of labour. But, existing studies of the impact of immigration on the wages of native-born workers in the UK (e … an increase in immigration reduces the wages of immigrants relative to natives. We show this using a pooled time series … of British cross-sectional micro data of observations on male wages and employment from the mid-1970s to the mid-2000s …

becoming unemployed, the costs of unemployment in terms of real wages losses and the probability that the continuously employed …

This paper is concerned with the relationship between wages and unemployment. Using UK regions and individuals as the … unemployment and wages or wage changes? Second, can we identify the relationship completely by looking at regional wages and … regional unemployment or do regional wages depend on aggregate unemployment as well? Third, are wages influenced only by the …