Insurance.

• Position: Program and Working Group Meeting

Members of the NBER's Insurance Working Group met February 8-9 at Stanford. Research Associates Benjamin R. Handel of the University of California, Berkeley and Motohiro Yogo of Princeton University organized the meeting. These researchers' papers were presented and discussed:

* Gaston Illanes, Northwestern University, and Manisha Padi, University of Chicago, "Competition, Asymmetric Information, and the Annuity Puzzle: Evidence from a Government-run Exchange in Chile"

* Radek Paluszynski, University of Houston, and Pei Cheng Yu, University of New South Wales, "Pay What Your Dad Paid: Commitment and Price Rigidity in the Market for Life Insurance"

* Robin Greenwood, Harvard University and NBER, and Annette Vissing-Jorgensen, University of California, Berkeley and NBER, "The Impact of Pensions and Insurance on Global Yield Curves"

* Andrew Ellul, Indiana University; Anastasia Kartasheva, Bank for International Settlements; Chotibhak Jotikasthira, Southern Methodist University; Christian Lundblad, University of North Carolina at Chapel Hill; and Wolf Wagner, Erasmus University, "Insurers as Asset Managers and Systemic Risk"

* Juan Pablo Atal, University of Pennsylvania; Hanming Fang, University of Pennsylvania and NBER; Martin Karlsson, University of Duisburg-Essen; and Nicolas R. Ziebarth, Cornell University and NBER, "Long-Term Health Insurance...