Disability Insurance (DI) may affect workers' outcomes such as their probability to enter DI, to recover, and their … employment. Supplementary insurance may increase these moral hazard effects, but also increases the financial gains of private … increased insurance coverage on workers' outcomes are thus ambiguous. This paper aims to separate worker and insurer responses …

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 …

We develop a new approach to quantify how patients respond to dynamic incentives in health insurance contracts with a … deductible. Our approach exploits two sources of variation in a differences-in-regression-discontinuities design: deductible … deductible by 100 Euros leads to a reduction in healthcare spending of around 3% on the first days of the year and 6% at the …

adults in the statutory health insurance. Individuals covered by private health insurance as well as youths have been …

Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However …

unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … earlier in the spell. Second, we find that the drop in consumption determining the insurance value of benefits is large from …