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We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric …
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Childhood disability is a major health shock that affects parents early in their working life. We estimate its impact on parents’ career trajectories, their balance sheets, and major life decisions using detailed register data from Denmark. To identify the causal effect of childhood...
Persistent link: https://www.econbiz.de/10012142398
This supplement contains auxiliary technical results and proofs omitted from Bloedel, Krishna, and Leukhina (2025) (henceforth BKL) and its Supplemental Appendix (henceforth SA). First, Section I proves parts (a)–(c) and (e)–(f) of Theorem 3 from Appendix B.1 of BKL. (Part (d) of Theorem 3...
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In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The … when existing links experience negative shocks. Propagation is a function of access to insurance networks: well …-level) gains from expanding safety nets such as health insurance may be substantially higher than private (household-level) gains. …
Persistent link: https://www.econbiz.de/10012587539
methods for financing based on experiences of other countries. Then the focus of the paper shifts towards insurance and … reinsurance mechanisms used in other countries for financing these catastrophes. It underlines a concept that resilience can be …
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We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic...
Persistent link: https://www.econbiz.de/10013167646