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 …

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 …

We present a theory of the demand for flood insurance and empirically analyze the effects of the adoption of Risk … Rating 2.0, using individual insurance histories for all NFIP policies. The reform increased exit and reduced entry, both in … the flood zone and its periphery. The reform had highly heterogeneous effects on insurance costs and triggered adjustments …

China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …

changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …

In 2007, China launched a subsidized voluntary public health insurance program, the Urban Resident Basic Medical … Insurance, for urban residents without formal employment, including children, the elderly, and other unemployed urban residents …. We estimate the impact of this program on health care utilization and expenditure using 2006 and 2009 waves of the China …

, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …

' external balance sheets is shifting to the asset side. However, emerging markets continue to look for more insurance against … balance of payments crises, even as self-insurance through reserve accumulation itself becomes riskier. I propose a mechanism … for global liquidity insurance that would meet emerging markets' demand for insurance with fewer domestic policy …