We provide strong evidence of advantageous selection in the Medigap insurance market, and analyze its sources. Using …

A large empirical literature found that the correlation between insurance purchase and ex post realization of risk is … insurance a la Akerlof (1970), Pauly (1974) and Rothschild and Stiglitz (1976) where consumers have one … in a negative correlation in equilibrium between insurance coverage and ex post realization of risk. We show that if the …

We provide strong evidence of advantageous selection in the Medigap insurance market, and analyze its sources. Using …

emerging life settlement market on consumer welfare. We present and empirically implement a dynamic discrete choice model of … life insurance decisions to assess the importance of various factors in explaining life insurance lapsations. In order to … model using the life insurance holding information from the Health and Retirement Study (HRS) data. Counterfactual …

emerging life settlement market on consumer welfare. We present and empirically implement a dynamic discrete choice model of … life insurance decisions to assess the importance of various factors in explaining life insurance lapsations. In order to … model using the life insurance holding information from the Health and Retirement Study (HRS) data. Counterfactual …

We describe the risks faced by the ageing population and survey the corresponding insurance markets for these risks. We … interactions between social insurance and private insurance markets. …

expenditure shocks are matched with firms making health insurance coverage decisions. Our model delivers a rich set of predictions …, health insurance offering rates, turnover rates and workers' health compositions. We estimate our model by Generalized Method … Expenditure Panel Survey (MEPS) and Robert Wood Johnson Foundation Employer Health Insurance Survey. We use our estimated model to …

expenditure shocks are matched with firms making health insurance coverage decisions. Our model delivers a rich set of predictions …, health insurance offering rates, turnover rates and workers' health compositions. We estimate our model by Generalized Method … Expenditure Panel Survey (MEPS) and Robert Wood Johnson Foundation Employer Health Insurance Survey. We use our estimated model to …

dynamic reclassification risk insurance in the equilibrium of the primary insurance market, and that the settlement market …We study the effect of the life settlement market on the structure of long term contracts offered by the primary market … for life insurance, as well as the effect on consumer welfare, using a dynamic model of life insurance with one sided …

We study theoretically and empirically how consumers in an individual private longterm health insurance market with …