can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …

analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on …

of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the …

Should we exempt the services of insurance companies from VAT? Addressing this issue, the paper distinguishes between … insurance against a general loss of resources and a loss of a specific commodity (property insurance). There is a case for … exempting the former kind of insurance, but not the latter. Finally, comparing insurance through a producer warranty with …

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … reveal that the insurance component contributes significantly to optimal labor tax rates and provides an informative lower …

In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … less severe than suggested by the studies from Western countries and the evidence on formal insurance from developing …

We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates 'standard …

the European rules regarding the solvency capital requirements for insurance companies should adapt to the state of the …