Showing 1 - 10 of 170
account (covering education and training), and a health account (covering insurance against sickness and disability). Unlike …, cushioning people against economic risk, ensuring efficient provision of health and education services, providing social safety …
Persistent link: https://www.econbiz.de/10005661484
What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show that his results are robust: For a small information...
Persistent link: https://www.econbiz.de/10011083449
We study the political determination of the level of social long-term care insurance when voters also choose private insurance and saving amounts. Agents differ in income, probability of becoming dependent and of receiving family help. Social insurance redistributes across income and risk...
Persistent link: https://www.econbiz.de/10011083512
effectiveness and prevalence are important if the government wants to maximize the health gain that it gets from its health budget …
Persistent link: https://www.econbiz.de/10011083797
This paper introduces a tractable model of health insurance with both moral hazard and adverse selection. We show that …
Persistent link: https://www.econbiz.de/10011084307
Consumers, when buying health insurance, do not know the exact value of each treatment that they buy coverage for. This … government can stimulate R&D in breakthrough treatments by excluding treatments with low value added from health insurance … coverage. If the country is rich enough such a government intervention in a private health insurance market raises welfare. …
Persistent link: https://www.econbiz.de/10011084438
We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice, consumers can determine the precision of a privately observed signal that is informative about their accident risk. The equilibrium effort is, depending on parameter values, either...
Persistent link: https://www.econbiz.de/10011084544
Progress in the application of matching models to environments in which the utility between matching partners is not fully transferable has been hindered by a lack of characterization results analogous to those that are known for transferable utility. We present sufficient conditions for...
Persistent link: https://www.econbiz.de/10005504313
What is the most effective way to increase primary school enrolment and student learning? We argue that innovations in governance of social services may yield the highest return since social service delivery in developing countries is often plagued by inefficiencies and corruption. We examine...
Persistent link: https://www.econbiz.de/10005504593
This paper presents analysis of the implicit subsidies and repayment hardships of Thailand’s Student Loan Fund (SLF). Comparisons are made between the current SLF with alternative similar schemes, assuming different rates of interest and loan repayment periods. We find that the implicit...
Persistent link: https://www.econbiz.de/10004970063