Showing 1 - 10 of 65
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 …
Persistent link: https://www.econbiz.de/10010282235
) 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 …
Persistent link: https://www.econbiz.de/10010269826
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 …
Persistent link: https://www.econbiz.de/10010274343
This paper argues that the level of financial services provision determines the risk management strategies among the poor. The paper estimates the determinants of the household's use of one, two or all three types of microfinancial services applying ordered probit models and additionally probit...
Persistent link: https://www.econbiz.de/10010274583
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 …
Persistent link: https://www.econbiz.de/10010274703
-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10010278525
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy … trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …
Persistent link: https://www.econbiz.de/10010285436
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 …
Persistent link: https://www.econbiz.de/10011307325
To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the … rainfall shocks in rural Nicaragua, I find that migrants aged 15-21 years provide unilateral insurance to their origin … household. Distinguishing by destination and economic activity I show that the level of insurance increases when migrants and …
Persistent link: https://www.econbiz.de/10011401770
categorised in three types namely; general accounts and services, investment/savings and insurance/assurance. Taking into account …
Persistent link: https://www.econbiz.de/10010328955