Showing 1 - 10 of 162
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. …
Persistent link: https://www.econbiz.de/10011507834
Natural hazard insurance is almost always provided through public-private partnerships. Given the dominant role of the … insurance. We provide a detailed quantification of the degree of regressivity of the New Zealand earthquake insurance program … million insurance claims that resulted from the Canterbury earthquakes of 2011. As in other cases, this can be remedied with …
Persistent link: https://www.econbiz.de/10011669409
financial protection from climate risk via catastrophic weather risk transfer tools. Done well, a weather index insurance (WII … Palmer Drought Severity Index and identify district-specific trigger and exit points for the insurance plan. We quantify the … impact of this hypothetical insurance product using past production data to calculate an actuarially-robust and welfare …
Persistent link: https://www.econbiz.de/10011665775
Physicians are key personnel in a sector which is important due to its size as well as the quality of service it … provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with … other public records. A dynamic labor supply equation is estimated using a sample of 1303 physicians observed over the …
Persistent link: https://www.econbiz.de/10011506478
endogeneity of health care supply is addressed by using the expulsion of Jewish physicians from health insurance schemes by the …This paper investigates the effect of physicians on infant mortality, stillbirths and the incidence of common childhood … control function approach. Our results indicate that the marginal returns to physicians are highly nonlinear and decreasing. …
Persistent link: https://www.econbiz.de/10011898604
Competition among physicians is widespread, but compelling empirical evidence on the impact on service provision is …
Persistent link: https://www.econbiz.de/10011734380
Persistent link: https://www.econbiz.de/10013177111
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far …
Persistent link: https://www.econbiz.de/10011509499
diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first … presents economic and political diversification side by side in a cross-country framework and discusses how they interact and … effects of insufficient economic and insufficient political diversification. Dominated for decades by the fishing industry …
Persistent link: https://www.econbiz.de/10010533096
We study the investor behavior on a leading peer-to-business lending platform and find evidence of two new investment biases - a default shock bias and a deep market bias. First, we find investors to stop investing in new loans and to cease from diversifying their portfolio after experiencing a...
Persistent link: https://www.econbiz.de/10011863582