Related papers: Insuring Long-Term Care in Developing Countries: T…
This study investigates the impact of acute health shocks on early labour market exits among individuals aged 50 and over in Europe. Utilising data from Waves 1-8 of the Survey of Health, Ageing, and Retirement in Europe (SHARE),…
This study investigates the impact of loss-framing and individual risk attitude on willingness- to purchase insurance products utilizing a game-like interface as choice architecture. The application presents events as experienced in real…
Climate extreme events are constantly increasing. What is the effect of these potentially catastrophic events on insurance demand in Italy, with particular reference to the economic activities? Extreme precipitation events over most of the…
We mathematically demonstrate how and what it means for two collective pension funds to mutually insure one another against systematic longevity risk. The key equation that facilitates the exchange of insurance is a market clearing…
Introduction. The societal burden of cognitive impairments in China has prompted researchers to develop clinical prediction models aimed at making risk assessments that enable preventative interventions. However, it is unclear which risk…
Large Language Models have spread rapidly since the release of ChatGPT in late 2022, accompanied by claims of major productivity gains but also concerns about job displacement. This paper examines the short-run labor market effects of LLM…
This paper considers an optimal life insurance for a householder subject to mortality risk. The household receives a wage income continuously, which is terminated by unexpected (premature) loss of earning power or (planned and intended)…
In recent years, the global unemployment rate has remained persistently high. Compounding this issue, the ageing population in China often encounters additional challenges in finding employment due to prevalent age discrimination in daily…
Current demographic trends in the UK include a fast-growing elderly population and dropping birth rates, and demand for social care amongst the aged is rising. The UK depends on informal social care -- family members or friends providing…
We propose a simple framework to measure consumption insurance against income shocks that accounts for higher-order moments of the income distribution. We derive a nonlinear consumption function in which the extent of insurance varies with…
In this paper, we demonstrate through the use of matrix calculus a transparent analysis of fractional inhomogeneous Markov models for life insurance where transition matrices commute. The resulting formulae are intuitive matrix…
The proliferation of Information and Communication Technologies (ICTs) has shown great promise in addressing educational challenges facing rural areas. However, the complex rural context poses significant challenges to the effective…
Unhealthy lifestyles largely contribute to many chronic diseases, which makes the research on health behavior change crucial for both individuals and the whole society. As an interdisciplinary research field, health behavior change research…
Two modern trends in insurance are data-intensive underwriting and behavior-based insurance. Data-intensive underwriting means that insurers analyze more data for estimating the claim cost of a consumer and for determining the premium based…
Children's well-being of immigrants is facing several challenges related to physical, mental, and educational risks, which may obstacle human capital accumulation and further development. In rural China, due to the restriction of Hukou…
This article investigates the effect of prices and socio-demographic variables on the farmers decision to purchase agricultural insurance. A survey has been conducted to 200 farmers most of whom are engaged in diversified income-generating…
Parametric insurance has emerged as a practical way to cover risks that may be difficult to assess. By introducing a parameter that triggers compensation and allows the insurer to determine a payment without estimating the actual loss,…
Purpose: This paper examines the prevalence of long COVID across different demographic groups in the U.S. and the extent to which workers with impairments associated with long COVID have engaged in pandemic-related remote work. Methods: We…
Amid China's ageing and digital shift, digital exclusion among older adults poses an urgent challenge. To unpack this phenomenon, this study disentangles age, period, and cohort effects on digital exclusion among middle-aged and older…
This paper shows that group composition shapes the effectiveness of labor market training programs for jobseekers. Using rich administrative data from Germany and a novel measure of employability, I find that participants benefit from…