We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

reform launched in Sweden in 2015, which introduced different thresholds for insurance reimbursement depending on firm size …This paper presents evidence on how firms react to a more generous insurance against high sick pay costs. We exploit a … evidence indicating that the more generous insurance made firms more inclined to employ more sick-prone individuals. Further …