This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Background UNcertainty and the Demand for Insurance Against Insurable Risks Author info | Abstract | Publisher info | Download info | Related research | Statistics Guiso, L.
Jappelli, T.
Additional information is available for the following
registered author(s):
Theory suggests that people facing higher uninsurable background risk buy more insurance against other risks that are insurable. This proposition is supported by Italian cross-sectional data. Its shown that the probability of purchasing casualty insurance increases with earnings uncertainty.
To our knowledge, this item is not available for
download . To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Paper provided by Banca Italia - Servizio di Studi in its series Papers with number
284.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 43 pages
Date of creation: 1996Date of revision:
Handle: RePEc:fth:banita:284Contact details of provider: Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy. Web page: http://www.bancaditalia.it/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).
Keywords: INSURANCE ; RISK ; Other versions of this item:
Article Paper Guiso, Luigi & Jappelli, Tullio, 1996.
"Background Uncertainty and the Demand for Insurance Against Insurable Risks ,"
CEPR Discussion Papers
1423, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Luigi Guiso & Tullio Jappelli, 1998.
"Background Uuncertainty and the Demand for Insurance against Insurable Risks ,"
CSEF Working Papers
02, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] Find related papers by JEL classification: G20 - Financial Economics - - Financial Institutions and Services - - - General G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Jeff Dominitz & Charles F. Manski, 1994.
"Using Expectations Data to Study Subjective Income Expectations ,"
NBER Working Papers
4937, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Gollier, Christian & Pratt, John W, 1996.
"Risk Vulnerability and the Tempering Effect of Background Risk ,"
Econometrica ,
Econometric Society, vol. 64(5), pages 1109-23, September.
[Downloadable!] (restricted)
EECKHOUDT, Louis & Christian GOLLIER & Harris SCHLESINGER, 1994.
"Changes in Background Risk and Risk Taking Behavior ,"
Working Papers
005, Risk and Insurance Archive.
[Downloadable!]
Other versions: Guiso, Luigi & Jappelli, Tullio & Terlizzese, Daniele, 1996.
"Income Risk, Borrowing Constraints, and Portfolio Choice ,"
American Economic Review ,
American Economic Association, vol. 86(1), pages 158-72, March.
[Downloadable!] (restricted)
Other versions: Doherty, Neil A & Schlesinger, Harris, 1983.
"Optimal Insurance in Incomplete Markets ,"
Journal of Political Economy ,
University of Chicago Press, vol. 91(6), pages 1045-54, December.
[Downloadable!] (restricted)
Gruber, Jonathan & Poterba, James, 1994.
"Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 109(3), pages 701-33, August.
[Downloadable!] (restricted)
Other versions:
Jonathan Gruber & James M. Poterba, 1996.
"Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed ,"
NBER Working Papers
4435, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Gruber, J. & Poterba, J., 1994.
"Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed ,"
Working papers
94-10, Massachusetts Institute of Technology (MIT), Department of Economics.
Guiso, Luigi & Jappelli, Tullio & Terlizzese, Daniele, 1992.
"Earnings uncertainty and precautionary saving ,"
Journal of Monetary Economics ,
Elsevier, vol. 30(2), pages 307-337, November.
[Downloadable!] (restricted)
Other versions:
Guiso, Luigi & Jappelli, Tullio & Terlizzese, Daniele, 1992.
"Earnings Uncertainty and Precautionary Saving ,"
CEPR Discussion Papers
699, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Giucca, P. & Jappelli, T. & Terlizzese, D., 1992.
"Earning Uncertainty and Precautionary Saving ,"
Papers
161, Banca Italia - Servizio di Studi.
Kimball, Miles S, 1993.
"Standard Risk Aversion ,"
Econometrica ,
Econometric Society, vol. 61(3), pages 589-611, May.
[Downloadable!] (restricted)
Other versions: Lewis, Frank D, 1989.
"Dependents and the Demand for Life Insurance ,"
American Economic Review ,
American Economic Association, vol. 79(3), pages 452-67, June.
[Downloadable!] (restricted)
Pratt, John W & Zeckhauser, Richard J, 1987.
"Proper Risk Aversion ,"
Econometrica ,
Econometric Society, vol. 55(1), pages 143-54, January.
[Downloadable!] (restricted)
Kimball, Miles S, 1990.
"Precautionary Saving in the Small and in the Large ,"
Econometrica ,
Econometric Society, vol. 58(1), pages 53-73, January.
[Downloadable!] (restricted)
Other versions: Jack Meyer, 1992.
"Beneficial Changes in Random Variables Under Multiple Sources of Risk and Their Comparative Statics* ,"
The Geneva Risk and Insurance Review ,
Palgrave Macmillan Journals, vol. 17(1), pages 7-19, June.
[Downloadable!] (restricted)
Jonathan S. Skinner, 1987.
"Risky Income, Life Cycle Consumption, and Precautionary Savings ,"
NBER Working Papers
2336, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Doherty, Neil A & Schlesinger, Harris, 1983.
"The Optimal Deductible for an Insurance Policy When Initial Wealth Is Random ,"
Journal of Business ,
University of Chicago Press, vol. 56(4), pages 555-65, October.
[Downloadable!] (restricted)
Miles S. Kimball, 1991.
"Precautionary Motives for Holding Assets ,"
NBER Working Papers
3586, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Marti G. Subrahmanyam & Günter Franke & Richard C. Stapleton, 1998.
"The Size of Background Risk and the Theory of Risk Bearing ,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
98-066, New York University, Leonard N. Stern School of Business-.
Anne Gron & Deborah Lucas, 1995.
"External Financing and Insurance Cycles ,"
NBER Working Papers
5229, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Georges Dionne & Christian Gollier, 1992.
"Comparative Statics Under Multiple Sources of Risk with Applications to Insurance Demand ,"
The Geneva Risk and Insurance Review ,
Palgrave Macmillan Journals, vol. 17(1), pages 21-33, June.
[Downloadable!] (restricted)
Other versions:
Dionne, G. & Gollier, C., 1991.
"Comparative Statics Under Multiple Sources of Risk with Appllications to Insurance Demand ,"
Cahiers de recherche
9133, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
Dionne, G. & Gollier, C., 1991.
"Comparative Statics Under Multiple Sources of Risk with Appllications to Insurance Demand ,"
Cahiers de recherche
9133, Universite de Montreal, Departement de sciences economiques.
Douglas W. Elmendorf & Miles S. Kimball, 1996.
"Taxation of labor income and the demand for risky assets ,"
Finance and Economics Discussion Series
96-32, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Other versions:
Douglas W. Elmendorf & Miles S. Kimball, 1991.
"Taxation of Labor Income and the Demand For Risky Assets ,"
NBER Working Papers
3904, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Elmendorf, Douglas W & Kimball, Miles S, 2000.
"Taxation of Labor Income and the Demand for Risky Assets ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(3), pages 801-33, August.
Mayers, David & Smith, Clifford W, Jr, 1983.
"The Interdependence of Individual Portfolio Decisions and the Demand for Insurance ,"
Journal of Political Economy ,
University of Chicago Press, vol. 91(2), pages 304-11, April.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Luc Arrondel & Hector Calvo-Pardo, 2002.
"Portfolio Choice with a Correlated Background Risk : Theory and Evidence ,"
DELTA Working Papers
2002-16, DELTA (Ecole normale supérieure).
[Downloadable!]
Landry, Craig E. & Jahan-Parvar, Mohammad R., 2008.
"Flood Insurance Coverage in the Coastal Zone ,"
MPRA Paper
15498, University Library of Munich, Germany.
[Downloadable!]
Thomas Eichner & Andreas Wagener, 2002.
"Increases in Risk and the Welfare State ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Thomas Eichner & Andreas Wagener, 2004.
"The Welfare State in a Changing Environment ,"
Asia-Pacific Financial Markets ,
Springer, vol. 11(3), pages 313-331, May.
[Downloadable!] (restricted)
Other versions: Koeniger, Winfried, 2001.
"Labor and Financial Market Interactions: The Case of Labor Income Risk and Car Insurance in the UK 1969-95 ,"
IZA Discussion Papers
240, Institute for the Study of Labor (IZA).
[Downloadable!]
Luc Arrondel & André Masson, 2002.
"Stockholding in France ,"
DELTA Working Papers
2002-09, DELTA (Ecole normale supérieure).
[Downloadable!]
Giuseppe Grande & Luigi Ventura, 2001.
"Labor Income and Risky Assets under Market Incompleteness: Evidence from Italian Data ,"
Temi di discussione (Economic working papers)
399, Bank of Italy, Economic Research Department.
[Downloadable!]
Other versions: Luigi Guiso & Monica Paiella, 2007.
"Risk Aversion, Wealth, and Background Risk ,"
Economics Working Papers
ECO2007/47, European University Institute.
[Downloadable!]
Other versions:
Monica Paiella & Luigi Guiso, 2004.
"Risk Aversion, Wealth and Background Risk ,"
2004 Meeting Papers
525, Society for Economic Dynamics.
[Downloadable!] Guiso, Luigi & Paiella, Monica, 2001.
"Risk Aversion, Wealth and Background Risk ,"
CEPR Discussion Papers
2728, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Luigi Guiso & Monica Paiella, 2003.
"Risk Aversion, Wealth and Background Risk ,"
Temi di discussione (Economic working papers)
483, Bank of Italy, Economic Research Department.
[Downloadable!] Luigi Guiso & Monica Paiella, 2008.
"Risk Aversion, Wealth, and Background Risk ,"
Journal of the European Economic Association ,
MIT Press, vol. 6(6), pages 1109-1150, December.
[Downloadable!] (restricted)
Access and
download statistics Did you know? RePEc also has a blog .
This page was last updated on 2009-10-24.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .