"Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against … cost associated with missing insurance markets. On the other hand, greater wage dispersion presents opportunities to raise … second moments of the joint distribution over individual wages, consumption and hours"--National Bureau of Economic Research …

Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against … cost associated with missing insurance markets. On the other hand, greater wage dispersion presents opportunities to raise … second moments of the joint distribution over individual wages, consumption and hours …

Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against … cost associated with missing insurance markets. On the other hand, greater wage dispersion presents opportunities to raise … second moments of the joint distribution over individual wages, consumption and hours …

In this study, we examine how the market concentration in the insurance industry impacts employment and wages. We use … industry. Additionally, we find that market concentration is associated with a lower share of wages. However, we do not find …

higher percentage in Africa and South Asia. It is associated with lack of social insurance, low tax collection, and low … productivity jobs. Lowering payroll taxes is a potential lever to increase formal employment and extend social insurance coverage …