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Better safe than sorry? : ex ante and ex post moral hazard in dynamic insurance data

Abbring, Jaap H.; Chiappori, Pierre-André; Zavadil, Tibor - 2008

This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …

Persistent link: https://www.econbiz.de/10011376656

Identifying risk-based selection in social insurance : new approaches and findings

Ejrnæs, Mette; Hochgürtel, Stefan - 2022

We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … from selection, we exploit variation in the sign-up induced by an early retirement scheme embedded into the UI system. We … combine an event study with a differencein-difference approach applied to Danish register data to quantify the selection. We …

Persistent link: https://www.econbiz.de/10013274253

Homothetic efficiency and test power : a non-parametric approach

Heufer, Jan; Hjertstrand, Per - 2015

We provide a nonparametric revealed preference approach to demand analysis based on homothetic efficiency … homothetic efficiency of consumption choices. It generalises Heufer's (2013) two-dimensional concept to arbitrary dimensions and …

Persistent link: https://www.econbiz.de/10010532589

(Non-)insurance markets, loss size manipulation and competition : experimental evidence

Hinloopen, Jeroen; Soetevent, Adriaan R. - 2016

markets with small initial loss sizes, insurers may try to raise these in order to create demand for insurance. After having … defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … power have incentives to create insurance markets. Insurer competition will push their profits to zero but markets do not …

Persistent link: https://www.econbiz.de/10011456744

Does price competition damage healthcare quality?

Roos, Anne-Fleur; Van Doorslaer, Eddy; O'Donnell, Owen; … - 2018

reform that permitted Dutch health insurers and hospitals to freely negotiate prices for elective procedures. Unlike previous … selection bias in our setting to identify the effect on quality of non-acute hip replacements. Using administrative data on all …

Persistent link: https://www.econbiz.de/10011823733

Spatial patterns of technology diffusion : an empirical analysis using TFP

Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004

In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...

Persistent link: https://www.econbiz.de/10011335193

Finite sample evaluation of causal machine learning methods : guidelines for the applied researcher

Naghi, Andrea A.; Wirths, Christian P. - 2021

The econometrics literature proposed several new causal machine learning methods (CML) in the past few years. These methods harness the strength of machine learning methods to flexibly model the relationship between the treatment, outcome and confounders, while providing valid inferential...

Persistent link: https://www.econbiz.de/10012650104

Forecasting regional labour market developments under spatial heterogeneity and spatial autocorrelation

Longhi, Simonetta; Nijkamp, Peter - 2005

Because of heterogeneity across regions, economic policy measures are increasingly targeted at the regional level. As a result, the need for economic forecasts at a sub-national level is rapidly increasing. The data available to compute regional forecasts is usually based on a pseudo-panel that...

Persistent link: https://www.econbiz.de/10011343272

Does economic uncertainty predict real activity in real-time?

Keijsers, Bart; Dijk, Dick van - 2022

We assess the predictive ability of 15 economic uncertainty measures in a real-time out-of-sample forecasting exercise for the quantiles of The Conference Board's coincident economic index and its components (industrial production, employment, personal income, and manufacturing and trade sales)....

Persistent link: https://www.econbiz.de/10013375365

Risk and loss aversion, price uncertainty and the implications for consumer search

Soetevent, Adriaan R.; Bruzikas, Tadas - 2016

Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk attitudes? We study how in a problem of sequential search with costless recall the relation between a consumer's willingness to pay for continued search and the level of price...

Persistent link: https://www.econbiz.de/10011520488