Medical and public health innovations in the 1940s quickly resulted in significant health improvements around the world …

growth to the 1990s, discussing recent criticisms of their measurement and estimation framework. Our results suggest that the …

Since the passage of the Terrorism Risk Insurance Act of 2002, corporate terrorism insurance is sold as a separate … and terrorism insurance. Using a unique dataset of insurance policies purchased by large U.S. firms, combined with … financial information of the corporate clients and of the insurance provider, we apply a two-stage least squares (2SLS) approach …

This paper investigates the incentive effects of automobile insurance, compulsory insurance laws, and no … 1970-1998, a period in which many states adopted compulsory insurance regulations and/or no-fault laws. Using an … instrumental variables approach, we find evidence that automobile insurance has moral hazard costs, leading to an increase in …

This paper views abortion access as an insurance policy that protects women from unwanted pregnancies. Within this … framework, we present a theoretical model where greater access provides value in the form of insurance against unwanted births … births, highlighting the insurance value. Changes from modest restrictions to abortion available upon request, however, led …

positive relation between self-insurance and state taxes is detected, consistent with consumers opting to self-insure rather … demand is largely inelastic, e.g., automobile liability coverage, taxes do not affect self-insurance …