patterns: entrepreneurs following an 'insurance regime' comply with sharing norms, are insured but reduce investment in their … solidarity ; informal insurance ; investment ; micro and small enterprises ; sharing ; Sub-Saharan Africa …

. Job displacement insurance is presumably designed to offset these losses, but evidence suggests that consumption smoothing … reemployment wage insurance could fully cover these losses, but are costly to provide. Severance pay has emerged as a supplemental …, if much criticized, instrument. Moral hazard limitations on unemployment insurance generosity mean that severance pay …

aspect of the EITC that has received little attention thus far is its role as a public insurance program. Yet, the structure … to both wages and changes in family structure. Our study provides the first quantitative statement about the insurance … demographic risk, but have only limited self-insurance capacity. We use the model to compare outcomes under the EITC to the …

with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then … standard functional form restrictions ensure that individual objective functions are optimized by an effort and insurance … combination that is unique and satisfies first- and second-order conditions. Modeling insurance incompleteness in terms of costly …

Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …

-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …

This paper investigates the effects of intensified screening of disability insurance benefit applications. A large …-scale experiment was setup where in 2 of the 26 Dutch regions case workers of the disability insurance administration were instructed … absenteeism and disability insurance applications. This provides evidence both for direct effects of the more intensive screening …

) severance insurance plans or (ii) severance savings plans is important; savings plans have no "firing cost" effects on employer … layoff decisions. The firing cost implications of insurance plan are sensitive to the types of job separations that qualify a …

partial) insurance against idiosyncratic income shocks, but at the expense of labor supply distortions. A reform which links … pensions to individual incomes reduces distortions associated with social security contributions, but incurs insurance loss. We … insurance loss. …