Similar Search Results

Innovativity : A Comparison Across Seven European Countries

Mohnen, Pierre - 2006

: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway and Italy for the year 1992. Based on the estimation of a …

Persistent link: https://www.econbiz.de/10012466388

Default Options and Insurance Demand

Robinson, Peter John - 2020

,187 homeowners, half of whom are in the Netherlands, where flood insurance penetration rates are low and recent flooding caused minor … among homeowners with little to no flood-related experience: in the Netherlands defaults increase the likelihood of insuring …

Persistent link: https://www.econbiz.de/10012481576

The Effect of Macroeconomic Uncertainty on Household Spending

Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - National Bureau of Economic Research - 2021

Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...

Persistent link: https://www.econbiz.de/10012496179

The Impact of a Government Risk Pool and an Opt-Out Framing on Demand for Earthquake Protection

Kunreuther, Howard; Conell-Price, Lynn; Kovacs, Paul; … - National Bureau of Economic Research - 2021

This paper describes the design and analysis of a web-based choice experiment that examines how the demand for earthquake protection in Quebec and British Columbia is influenced by the default option and the structure of the insurance plan. Homeowners in both provinces were given the opportunity...

Persistent link: https://www.econbiz.de/10012616592

Mortgage Finance in the Face of Rising Climate Risk

Ouazad, Amine - 2019

after a natural disaster that caused more than a billion dollar in damages. Results suggest a substantial increase in … securitization activity in years following such a billion-dollar disaster. Such increase is larger in neighborhoods for which such a … disaster is "new news", i.e. does not have a long history of hurricanes. Conforming loans are riskier in dimensions not …

Persistent link: https://www.econbiz.de/10012480267

Long Term Insurance (LTI) for Addressing Catastrophe Risk

Jaffee, Dwight - 2008

This paper proposes long-term insurance (LTI) as an alternative to the standard annual homeowners policy using lessons from the mortgage market as a benchmark. LTI has the potential to significantly increase social welfare by reducing insurers' administrative costs, lowering search costs and...

Persistent link: https://www.econbiz.de/10012464437

Reflections on U.S. Disaster Insurance Policy for the 21st Century

Kunreuther, Howard - 2006

The first section of the paper addresses the first question by outlining two principles on which a disaster insurance … question and delineates the opportunities and challenges of a comprehensive disaster insurance program. Section 5 poses a set … of open issues that are currently being addressed by a research project on disaster insurance undertaken by the Wharton …

Persistent link: https://www.econbiz.de/10012466215

Reinsurance for Catastrophes and Cataclysms

Cutler, David M. - 1997

This paper examines the optimal design of insurance and reinsurance policies. We first consider reinsurance for catastrophes: risks which are large for any one insurer but not for the reinsurance market as a whole. Reinsurance for catastrophes is complicated by adverse selection. Optimal...

Persistent link: https://www.econbiz.de/10012472911

Do Disaster Experience and Knowledge Affect Insurance Take-up Decisions?

Cai, Jing - 2016

on take-up than does the disaster experience …

Persistent link: https://www.econbiz.de/10012456276

The Welfare Gains from Macro-Insurance Against Natural Disasters

Borensztein, Eduardo - 2015

This paper uses a dynamic optimization model to estimate the welfare gains that a small open economy can derive from insuring against natural disasters with catastrophe (CAT) bonds. We calibrate the model by reference to the risk of earthquakes, floods and storms in developing countries. We find...

Persistent link: https://www.econbiz.de/10012456995

1
2
3
4
5
6
7
8
9
10
Next
Last