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 …

The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in … measurement errors and apply the model to a data set on 19 firms in housing insurance markets in Switzerland. We show that the … public insurance providers are about 20 per cent more cost efficient than their private counterparts. …

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