Wealth and Insurance Choices: Evidence from US Households
收藏NBER2021-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w29069
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资源简介:
Theoretically, wealthier people should buy less insurance, and should self-insure through saving instead, as insurance entails monitoring costs. Here, we use administrative data for 63,000 individuals and, contrary to theory, find that the wealthier have better life and property insurance coverage.
提供机构:
美国国家经济研究局
创建时间:
2021-07-01



