Raschky, Paul A.; Schwarze, Reimund; Schwindt, Manijeh; … - Institut für Finanzwissenschaft, Fakultät für …
This paper discusses the problem of crowding out of insurance by co-existing governmental relief programs - so-called 'charity hazard' - in a context of different institutional schemes of governmental relief in Austria and Germany. We test empirically whether an assured partial relief scheme (as...