This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … insurance if shocks are observable. Depending on insurance design, there is also evidence for persistence of this effect even if …

composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States …

. Our analysis is based on nationwide longitudinal registry data on Finland. We focus on the heterogenous effects of the … tertiary-educated parents, implying that the recession aggravated the pattern of societal inequality in Finland. Importantly …

-low-income neighbourhoods among immigrants and native-born residents in three urban regions in Finland. We use longitudinal register data for …

composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States …

) 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 …

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 …

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 … of insurance on unobservable effort and saving choices as well as the relative cost of public and private insurance …

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