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Is there adverse selection in the life insurance market? Evidence from a representative sample of purchasers

Authors :
Timothy F. Harris
Aaron Yelowitz
Source :
Economics Letters. 124:520-522
Publication Year :
2014
Publisher :
Elsevier BV, 2014.

Abstract

This paper examines asymmetric information in the life insurance market using data that link life insurance holdings with death records for a representative sample of purchasers. This analysis finds no compelling evidence for adverse selection in a broad age cohort.

Details

ISSN :
01651765
Volume :
124
Database :
OpenAIRE
Journal :
Economics Letters
Accession number :
edsair.doi...........c5521710b8f515ce1d1f973bc9a10454
Full Text :
https://doi.org/10.1016/j.econlet.2014.07.029