Insurance Working Group Meeting
Organized by Benjamin R. Handel and Motohiro Yogo
May 18, 2023
Royal Sonesta Hotel (Longfellow AB) Cambridge and on Zoom
FORMAT: 25 minutes for presenter, 20 minutes for discussant, and 15 minutes for group discussion.
Thursday, May 18
8:00 am
Continental Breakfast
8:30 am

The Costs of Hedging Disaster Risk and Home Prices in the Face of Climate Change

Shan Ge, New York University
Ammon Lam, New York University
Ryan Lewis, University of Colorado Boulder
8:55 am

Is Adverse Selection Progressive? Theory and Evidence from Health Insurance Choices

Michael Geruso, University of Texas at Austin and NBER
Timothy Layton, University of Virginia and NBER
Adam Leive, University of California, Berkeley and NBER
9:20 am
Group Discussion
9:35 am
Break
9:45 am

Risk Corridors in Medicare Part D: Financial Risk Sharing or Profit Limiting Mechanism?

Paul H. Kim, Michigan State University

Discussant:
Pietro Tebaldi, Columbia University and NBER
10:45 am
Break
10:55 am

Dollar Asset Holding and Hedging Around the Globe

Wenxin Du, Harvard University and NBER
Amy W. Huber, University of Pennsylvania
11:20 am

Is Public Debt Arm’s Length? Evidence from Corporate Bond Purchases of Life Insurance Companies

Monica M. Barbosa, University of Chicago
Ali Ozdagli, Federal Reserve Bank of Dallas
11:45 am
Group Discussion
12:00 pm
Lunch - Longfellow C
1:00 pm
PANEL: Moderated by Jim Poterba
New Books on "Risky Business" and "Financial Economics of Insurance"
Liran Einav, Stanford University and NBER
Amy Finkelstein, Massachusetts Institute of Technology and NBER
Raymond Fisman, Boston University and NBER
Ralph Koijen, University of Chicago and NBER
Motohiro Yogo, Princeton University and NBER
2:00 pm
Break
2:10 pm

Fundamentally Reforming the DI System: Evidence from German Notch Cohorts

Johannes Micha Geyer, DIW Berlin
Björn Fischer, ZEW Mannheim
Nicolas R. Ziebarth, ZEW Mannheim

Discussant:
Corina Mommaerts, University of Wisconsin - Madison and NBER
3:10 pm
Break
3:20 pm

Behavioral Professionals: Evidence From the Commercial Auto Insurance Industry

Alon Y. Rubinstein, University of Pennsylvania

Discussant:
Tobias Salz, Massachusetts Institute of Technology and NBER
4:20 pm
Adjourn