Two key components of the upcoming health reform are a reorganization of the individual health insurance market and an … income risks. We replicate the key features of the current health insurance system in the U.S. and calibrate the model using … smaller. This result is mostly driven by the fact that most uninsured people have low income. High burdens of health insurance …

Two key components of the upcoming health reform in the U.S. are a new regulation of the individual health insurance … expenses and labor income risks. We replicate the key features of the current health insurance system in the U.S. and calibrate …

"competitive" health insurance markets. I use the insurance choices of senior citizens in the U.S. as an example. I then consider … the issue of whether consumers benefit when we create more choice by letting private firms offer health insurance in … (ii) empirical results show that consumers are very confused about their health insurance options. Thus, I argue …

purchase price can be presented as the increase in the willingness to pay for insurance or the willingness to pay for consumer … credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility …

This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance … inability to distinguish moral hazard from selection. In the US market for area yield crop insurance, payouts are based on … average county yields. Moreover, area yield insurance is only offered in counties where no farmer is large enough to affect …

agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both … difference-in-difference and triple difference estimations. I find that, first, introducing insurance increases the production … area of insured crops by around 20% and decreases production diversification; second, provision of insurance raises the …