Showing 1 - 10 of 10
worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …
Persistent link: https://www.econbiz.de/10005144432
advanced. The obligation to pay of bride wealth is seen as informal insurance which relies on the fact that bride wealth … insurance mechanisms, bride wealth qualifies as an important security enhancing institution: the arrangement covers nearly the … involved are large and the period of time during which the claims provide security long. Like any informal insurance …
Persistent link: https://www.econbiz.de/10005144474
It is often assumed that transfers received from governments, nongovernment organizations (NGOs), friends and relatives help rural households to pool risk. In this paper I investigate two functions of transfers in Ethiopia: risk pooling and income redistribution. Unlike most of the literature...
Persistent link: https://www.econbiz.de/10005144479
contracts to crowd out implicit insurance, even though the latter yields higher welfare. Integrating the principal-agent and …
Persistent link: https://www.econbiz.de/10005144574
We take a dynamic perspective on insurance markets under adverse selection and study a generalized Rothschild and … accident occurs. We investigate the nature of dynamic insurance contracts by considering both conditional and unconditional … dynamic contracts. An unconditional dynamic contract has insurance companies offering contracts where the terms of the …
Persistent link: https://www.econbiz.de/10005136996
This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …
Persistent link: https://www.econbiz.de/10005137061
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...
Persistent link: https://www.econbiz.de/10005137073
insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers …
Persistent link: https://www.econbiz.de/10005137118
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …
Persistent link: https://www.econbiz.de/10005137362
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10005450749