worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … UI choice process. Results show that the causal effect of insurance on the probability of starting up a venture is …

We formally link insurance markets with product markets and identify a demand effect of insurance: if risk …-averse consumers can buy insurance against possible product failure, there will be some additional consumers that buy the product … have a higher willingness to pay if they can also buy insurance. But a higher price causes those consumers to leave the …

Does medical insurance affect health care demand and in the end contribute to improvements in the health status …? Evidence for China for the year 2004, by means of the China Health and Nutrition Survey (CHNS), shows that health insurance … does not affect health care demand in a significant manner. Counterfactuals suggest that full insurance coverage of the …