Results 101 to 110 of about 1,452 (167)
The influence of negative interest rates on European life insurance companies
Abstract Between 2016 and 2022, life insurers in several European countries experienced negative long‐term interest rates, which put pressure on their business models. The aim of this paper is to empirically investigate the impact of negative interest rates on the stock performance of life insurers.
Nicolaus Grochola
wiley +1 more source
Selection in car insurance when claims are heterogeneous
Abstract Econometric studies of insurance markets have analyzed the Positive Correlation Property to test for the presence of asymmetric information. Car‐insurance studies frequently compare policies purchasing Mandatory Third‐Party Liability alone with policies that purchase additional coverage and use the presence of a liability claim as a measure of
Edmund Cannon +2 more
wiley +1 more source
Contingent capital: A tale of two valuations
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai +3 more
wiley +1 more source
Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters
Abstract American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz +3 more
wiley +1 more source
ABSTRACT The federal government, and its budget process, are facing unprecedented challenges. The federal debt is at historic levels, the process is in disarray, and the constitutional balance of powers is being challenged as never before. The debt, driven by growth in entitlement spending, stands at $38 trillion and is projected to continue to grow if
Carolyn Bourdeaux +4 more
wiley +1 more source
ABSTRACT Through the Ecodesign for Sustainable Products Regulation and the Corporate Sustainability Due Diligence Directive, the European Commission targets sustainable products and value chains to curb environmental and social problems. Based on a combination of a complex systems lens and the global value chain and global governance approaches, the ...
Emilia Stadler +2 more
wiley +1 more source
ABSTRACT This article argues that if the aspiration is to enhance regulatory and governance responses to white‐collar and corporate crimes, consideration of the organization of these offending behaviors must be central to the scholarly, practice, and policy discussion.
Nicholas Lord, Michael Levi
wiley +1 more source
Indiaʼs Integration Into Global Value Chains: Policy Approaches to Growth and Industrial Upgrading
ABSTRACT Indiaʼs potential in global exports remains largely untapped, particularly in backward‐linked global value chains (GVCs). Deeper integration—especially through regional blocs like ASEAN and RCEP—is crucial. India can leverage these regionsʼ strength in parts and components while using its assembly capabilities as an entry point.
Veeramani Choorikkadan
wiley +1 more source

