The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Appendix A contains the proof of Theorem 1 and discusses Remark 1. Appendix B provides proofs for the lower bound approach discussed in Section 4.1. Appendix C discusses the data, including details for the covariate specifications and the sample selection. Appendix D discusses the empirical specification for the lower bound estimator, presents the decomposition discussed in Section 6.3, and presents additional robustness checks referred to in Section 6.5. Section E provides details on the specification and estimation of the structural approach referred to throughout Section 7. Finally Section F presents a selection of pages from the LTC underwriting guidelines of Genworth Financial.
This zip file contains the replication files for the manuscript.
This zip file contains MATLAB code used to estimate and solve the model. The file also contains data that can be used to estimate the parameters, although the share and revenue data has been permuted in accordance with my agreement with the company providing the data.
This file contains 4 Appendices. Appendix A lists the variables in the state space, while Appendices B-D contain details of the methods used to estimate and solve the model.
This zip file contains replication files for the manuscript.
This appendix contains proofs omitted from the main text.
This zip file contains the replication files for the manuscript.
This supplement provides several extensions as well as simulations illustrating key properties of calibrated contracts. In particular, extensions show how to allow for time discounting, describe a broader class of high-liability contracts that can be successfully calibrated under limited liability, and explore contract performance when the agent isn't fully rational.
This file provides additional results and an overview of the data used in the paper.
This zip file contains the replication files for the manuscript.
This appendix contains additional figures not found within the manuscript.
A zip file containing replication files for the manuscript.
This appendix contains proofs omitted from the text.
