Showing 1 - 10 of 57
Ill-health can be expected to reduce employment and income. But are the effects sustained over time? Do they differ …, on employment and income up to six years after the health shock using linked Dutch hospital and tax register data. On … either employment or income. The distribution of ill-health contributes to income inequality: a health shock is both more …
Persistent link: https://www.econbiz.de/10011255984
-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested … insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers … wages. …
Persistent link: https://www.econbiz.de/10011255495
Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … available to both wage earners and self-employed on a voluntary basis, we estimate the causal effect of UI cover on the self-employment …
Persistent link: https://www.econbiz.de/10011255609
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/10011255734
insurance mechanisms, bride wealth qualifies as an importantsecurity enhancing institution: the arrangement covers nearly the …
Persistent link: https://www.econbiz.de/10011255899
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/10011255913
Given the possibility to modify the probability of a loss, will a profit-maximizing insurer engage in loss prevention or is it in his interest to increase the loss probability? This paper investigates this question. First, we calculate the expected profit maximizing loss probability within an...
Persistent link: https://www.econbiz.de/10011256470
contracts to crowd out implicit insurance, even though the latter yields higher welfare.Integrating the principal-agent and …
Persistent link: https://www.econbiz.de/10011256657
insurance in rural communities usually requires a structural model of household behavior under risk. One of the few empirical … would not benefit from the introduction of formal weather insurance. In this paper we investigate how models such as theirs … conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10011256689
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …
Persistent link: https://www.econbiz.de/10011256965