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the model is calibrated to pre-industrial mortality data from England, France and Sweden. By fitting parameters to match …
Persistent link: https://www.econbiz.de/10014075481
We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …
Persistent link: https://www.econbiz.de/10010356093
The insurance industry plays a substantive vitality in the growth of the economy. However, there is limited literature … on the activities of the insurance industry and economic growth in Ghana. As one of the fastest-growing economies in sub … economy, of which insurance cannot be underscored. Moreover, proxies used to measure insurance for developing economies …
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This paper analyses the impact of insurance sector development on economic growth based on a sample that includes 14 … employed and led to the following conclusions: (1) life insurance has no significant effect on economic growth in both panel … and individual countries, (2) non-life insurance positively affects economic growth in both panel and individual countries …
Persistent link: https://www.econbiz.de/10012506291
evidence on the insurance sector. Most of the existing empirical studies focus primarily on the banking sector. This article …This study tackles the debate on the relationship between insurance development and economic growth by providing new … applies linear dynamic panel-data approaches to examine the nexus between insurance (life insurance, non-life insurance, and …
Persistent link: https://www.econbiz.de/10014500678
The reach and scope of microinsurance have expanded considerably over the last couple of decades. The literature on microinsurance focuses predominantly on its microeconomic impact. In contrast, I examine the contemporaneous and intertemporal effect of microinsurance on economic development...
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