Showing 1 - 10 of 2,415
The employer-sponsored life insurance (ESLI) market is particularly susceptible to adverse selection due to community-rated premiums, guaranteed issue coverage, and the existence of a well-functioning individual market as a substitute. Using administrative payroll and healthcare claims data from...
Persistent link: https://www.econbiz.de/10012804121
We study theoretically and empirically how consumers in an individual private longterm health insurance market with front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition, effective 2009, the German legislature made the...
Persistent link: https://www.econbiz.de/10011703964
increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its …
Persistent link: https://www.econbiz.de/10011521090
Microinsurance is an emerging concept protecting households from the potentially catastrophic expenditures associated with family related shocks. Therefore, this paper presents evidence on the determinants of insurance participation using probit models on household survey data from Sri Lanka,...
Persistent link: https://www.econbiz.de/10009124753
Persistent link: https://www.econbiz.de/10001799688
Persistent link: https://www.econbiz.de/10001800150
work, trust in our setting is not about obligations being fulfilled. The contract is complete, simple and the possibility …
Persistent link: https://www.econbiz.de/10008688915
We characterize how public insurance schemes are constrained by hidden financial transactions. When non-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private transactions, and can influence consumption allocation. We show...
Persistent link: https://www.econbiz.de/10009011636
is much less sophisticated than that characterised by modern microeconomic theory. …
Persistent link: https://www.econbiz.de/10010355706
We analyze dynamic interactions between market insurance, the stock of insurable assets and liquid wealth accumulation in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households can insure. Since the model does not have a closed form...
Persistent link: https://www.econbiz.de/10011414203