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 …

) 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 …

technological change along with the increase in the generosity of health insurance may explain independently 53% of the rise in … health spending (insurance 29% and technology 24%) while income less than 10%. By simultaneously occurring over this period … 59% of the rise in life expectancy at age 50 over this period while insurance and income explain less than 10%. …