It is an established fact that there are high levels of employment volatility in the United States. Despite the importance of employer-provided benefits in the US health insurance system, the impact of prior job instability on one's future ability to obtain insurance coverage is not well...

This paper introduces a new rationale for the existence of "Directors' and Officers'" (D&O) insurance. We use a model with volatile stock markets where shareholders design compensation schemes that incentivize managers to stimulate short-term increases in stock prices that do not maximize long...

"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. This paper examines how labor income volatility and social security benefits can influence lifecycle household portfolios. We examine...