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 …

This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the … are considered. The insurance contract specifies two types of copayments: an ad valorem coinsurance rate and a specific …

We study theoretically and empirically how consumers in an individual private longterm health insurance market with …

Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research …

the health status is determined while curative care is chosen ex post. Insurance benefits depend on preventive and … health status is ex post publicly observable, insurance benefits are flat (lump sum payments) and do not depend on … some probability individuals are healthy and do not need any therapeutic health care. Otherwise they become ill and the …