due to the limited pledgeability of human capital. We show analytically that, consistent with the life insurance data, in … account for the life-cycle variation of life-insurance holdings, financial wealth, earnings, and consumption inequality … insurance. …

and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

The employer-sponsored life insurance (ESLI) market is particularly susceptible to adverse selection due to community …

with family related shocks. Therefore, this paper presents evidence on the determinants of insurance participation using …, we employ multivariate probit regressions to analyse factors affecting the participation in different types of insurance … micro health insurance schemes under study. There is strong evidence that microinsurance has not yet succeeded in …

The profitability of life insurance offerings is contingent on accurate projections and pricing of mortality risk. The … insurance companies changed pricing and offerings in response to COVID-19 using monthly data on term life insurance policies … evidence that life insurance companies increased premiums or decreased policy offerings due to COVID-19. …

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 …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … reveal that the insurance component contributes significantly to optimal labor tax rates and provides an informative lower …