Showing 41 - 50 of 271
explicit contracts to crowd out implicit insurance provided by the firm, even though the latter yields higher welfare. We …
Persistent link: https://www.econbiz.de/10005667043
In this paper, we study the determinants of the value of informal risk sharing groups. In particular, we look at the effects of heterogeneity of preferences and of limited commitment constraints that restrict feasible allocations differently if individuals can deviate form risk sharing...
Persistent link: https://www.econbiz.de/10005791230
Under contingent fees the attorney gets a share of the judgement; under conditional fees they get an upscale premium if the case is won, which is, however, unrelated to the adjudicated amount. We compare conditional and contingent fees in a framework where lawyers choose between a safe and a...
Persistent link: https://www.econbiz.de/10005661624
We consider successive generations of non-altruistic individuals carrying a good or bad gene. Daughters are more likely to carry their mother's gene than the opposite one. Competitive insurers can perform a genetic test revealing an agent's gene. They may condition their quotes on the agent's or...
Persistent link: https://www.econbiz.de/10005661858
Kilauea volcano is the largest stationary source of SO2 pollution in the United States of America. Moreover, the SO2 that the volcano emits eventually forms particulate matter, another major pollutant. We use this exogenous source of pollution variation to estimate the impact of particulate...
Persistent link: https://www.econbiz.de/10011252621
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … has a protective effect for European males and females aged 50+. We also find that the mediating effects of health …
Persistent link: https://www.econbiz.de/10009385763
Increases in human stature are seen as a key indicator of improvement in the average health of populations. The … increased by 11cm--representing a dramatic improvement in health. Interestingly, there was a distinct acceleration in the period … and falling family size had more modest effects. Improvements in health care are hard to identify and the effects of the …
Persistent link: https://www.econbiz.de/10009207528
We investigate whether changes in economic inequality affect mortality in rich countries. To answer this question we use a new source of data on income inequality: tax data on the share of pretax income going to the richest 10 percent of the population in Australia, Canada, France, Germany,...
Persistent link: https://www.econbiz.de/10004971344
In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of …-effects estimators to our ordinal health measures. Whilst the exogeneity of reunification allows us to establish the causality between … income and health, the fixed-effects methodology additionally enables us to control for individual unobservable heterogeneity …
Persistent link: https://www.econbiz.de/10004971382
We study the short-run effect of involuntary job loss on comprehensive measures of public health costs. We focus on job … loss induced by plant closure, thereby addressing the reverse causality problem of deteriorating health leading to job loss … as job displacements due to plant closure are unlikely caused by workers' health status, but potentially have important …
Persistent link: https://www.econbiz.de/10004976785