During 2008 and 2009, the insurance industry experienced unprecedented volatility. The
large swings in insurers' market valuations, and the significant role that financial reporting …

News—anticipated changes of an economy's fundamentals—drive the business cycle.
Climate change is big news: it will impact the economy profoundly, but its full effect will take …

Do individuals prefer a fixed-price multi-year insurance (MYI) policy to current annual
contracts with fluctuating prices? If so, are they willing to pay more for these policies? In a …

Amidst growing concerns over heightened natural disaster risks, this study pioneers an
inquiry into the causal impacts of cyclones on the demand for private health insurance (PHI) …

This article studies the effects of direct and indirect loss experience of extreme catastrophes
on expectations concerning the likelihood of future events by investigating the earthquake …

Testifying before a Congressional hearing to investigate the roots of the financial market
crisis, former Federal Reserve Chairman Alan Greenspan shook a central pillar of neo …

We examine the impact of early-life famine experiences on commercial insurance demand
in this paper. Using household-level data from China, we show that household heads' …

This paper examines the effect of a sharp rise in mortality, the 1918 influenza epidemic, on
life insurance holdings in the USA. The BLS Cost of Living Surveys of 1918–1919 provide a …

The purpose of the paper is to investigate the attitude to risk related to low-probability, high-
impact events. To do this, we compare the willingness to pay (WTP) to reduce mortality risks …

Amidst growing concerns over heightened natural disaster risks, this study pioneers an
inquiry into the causal impacts of cyclones on the demand for private health insurance (PHI) …