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This study analyses the impact of cultural composition on regional attractiveness from the perspective of migrant sorting behaviour. We use an attitudinal survey to quantify cultural distances between natives and immigrants in the area concerned, and estimate the migrants’ varying preferences...
Persistent link: https://www.econbiz.de/10011257301
Urban heritage is often concentrated in conservation areas with a protected status. Previous research argues that urban heritage attracts especially higher educated households who are likely to have higher incomes. The presence of these households may have a further impact on the attractiveness...
Persistent link: https://www.econbiz.de/10011272576
Federation. Wage and income dispersion have increased markedly in Russia in the sixyears since the transition began. Some studies …
Persistent link: https://www.econbiz.de/10011257024
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/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 … UI choice process. Results show that the causal effect of insurance on the probability of starting up a venture is …
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