Insurance Working Group Meeting

Benjamin R. Handel and Motohiro Yogo, Organizers

May 18, 2023

FORMAT: 25 minutes for presenter, 20 minutes for discussant, and 15 minutes for group discussion.

Conference Code of Conduct

Thursday, May 18
8:00 am
Continental Breakfast
8:30 am
Shan Ge, New York University
Ammon Lam, New York University
Ryan Lewis, University of Colorado at Boulder

The Costs of Hedging Disaster Risk and Home Prices in the Face of Climate Change
8:55 am
Michael Geruso, University of Texas at Austin and NBER
Timothy Layton, Harvard University and NBER
Adam Leive, University of California, Berkeley

Is Adverse Selection Progressive? Theory and Evidence from Health Insurance Choices
9:20 am
Group Discussion
9:35 am
9:45 am
Paul H. Kim, Michigan State University

Risk Corridors in Medicare Part D: Financial Risk Sharing or Profit Limiting Mechanism?
Discussant: Pietro Tebaldi, Columbia University and NBER
10:45 am
10:55 am
Wenxin Du, Columbia University and NBER
Amy W. Huber, University of Pennsylvania

Dollar Asset Holding and Hedging Around the Globe
11:20 am
Monica M. Barbosa, University of Chicago
Ali Ozdagli, Federal Reserve Bank of Dallas

Is Public Debt Arm’s Length? Evidence from Corporate Bond Purchases of Life Insurance Companies
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
2:10 pm
Johannes Micha Geyer, DIW Berlin
Björn Fischer, ZEW Mannheim
Nicolas R. Ziebarth, ZEW Mannheim & U Mannheim

Fundamentally Reforming the DI System: Evidence from German Notch Cohorts
Discussant: Corina Mommaerts, University of Wisconsin-Madison and NBER
3:10 pm
3:20 pm
Alon Y. Rubinstein, The Wharton School, University of Pennsylvania

Behavioral Professionals: Evidence From the Commercial Auto Insurance Industry
Discussant: Tobias Salz, Massachusetts Institute of Technology and NBER
4:20 pm