Halla, Martin; Schmieder, Julia; Weber, Andrea - 2018 - This version: October 17, 2018
We study the effectiveness of intra-household insurance among married couples when the husband loses his job due to a … gains recover only a tiny fraction of the household income loss and, in the short-term, public transfers and taxes are a … more important form of insurance. We show that the presence of children in the household is a crucial determinant of the …