We investigate whether people enrolled into voluntary health insurance (VHI) substitute public consumption with private … the case of Italy, where a mixed insurance system is in place. To this purpose, we specify a joint model for public and … private specialist visits counts, and allow for different degrees of endogenous supplementary insurance coverage, looking at …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …