Prudence, risk aversion, and the demand for life insurance

Applied Economics Letters

Volumn 6, Issue 4, 1999, Pages 239-242

  Eisenhauer, Joseph G ^a   Halek, Martin ^a,b  

^a CANISIUS COLLEGE   (United States)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040143449     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/135048599353429     Document Type: Article

References (13)

1. Bell, F.C., Wade, A.M. and Goss, S.C. (1993) Life Tables for the United States Social Security Area, 1900-2080, US Department of Health and Human Services, Social Security Administration, Washington DC.
2. Campbell, R.A. (1980) The demand for life insurance: an application of the economics of uncertainty, Journal of Finance, 35, 1155-72.
3. Eisenhauer, J.G. (1997) Risk aversion, wealth, and the DARA hypothesis: a new test, International Advances in Economic Research, 3, 46-53.
4. Gandolfi, A.A. and Miners, L. (1996) Gender-based differences in life insurance ownership, Journal of Risk and Insurance, 63, 683-93.
5. Gollier, C., Jullien B. and Treich, N. (1999) Learning and irreversibility: an economic interpretation of the 'Precautionary Principle' mimeo, Universite de Toulouse (March).
6. Grossberg, A. (1991) Personal saving under income uncertainty: a test of the intertemporal substitution hypothesis, Eastern Economic Journal, 17, 203-10.
7. Kimball, M.S. (1990) Precautionary saving in the small and in the large, Econometrica, 58, 53-73.
8. Kuehlwein, M. (1991) A test for the presence of precautionary saving, Economics Letters, 37, 471-75.
9. Levy, H. (1994) Absolute and relative risk aversion: an experimental study, Journal of Risk and Uncertainty, 8, 289-307.
10. Lewis, F.D. (1989) Dependents and the demand for life insurance, American Economic Review, 79, 452-67.
11. Szpiro, G.G. (1983) The hypotheses of absolute and relative risk aversion: an empirical study using cross-section data, Geneva Papers on Risk and Insurance, 8, 336-49.
12. United States Department of the Treasury, Internal Revenue Service (1992) Instructions for Form 1040.
13. Wolf, C. and Pohlman, L. (1983) The recovery of risk preferences from actual choices, Econometrica, 51, 843-50.