degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX … cross-sections and distinguishes between permanent and transitory income shocks. We find some partial insurance of permanent … income shocks with more insurance possibilities for the college educated and those nearing retirement. We find little …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

how to address non-permanence have been proposed, these being temporary credits and insurance of emission reduction … credits. This paper discusses the practicality and potential difficulties of the insurance approach for addressing non … against common insurability criteria. The marketability of the insurance product and several technical questions in relation …

international borrowing. Intercasual insurance, reducing exposure to differences in contingent future cases, and not intertemporal …

insurance industry. We show via an event study that insurance markets worldwide are quite resilient to unexpected losses to …

insurance industry stock indices. We show via an event study that insurance sectors worldwide are quite resilient, in a market … value sense, to unexpected losses to capital: our data provide evidence that equity market investors believe that insurance …