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Netherlands and Sweden) – with regard to the diffusion and the effects of modern information and communication technology (ICT …, motor vehicle construction, banking and distribution. On the basis of the available scientific literature on the “New …
Persistent link: https://www.econbiz.de/10011747524
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 …
Persistent link: https://www.econbiz.de/10014503161
We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
Persistent link: https://www.econbiz.de/10011346454
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Persistent link: https://www.econbiz.de/10012672109
This study investigates the role of insurance in economic growth on a panel of forty-eight countries in Africa for the … period 2004-2014. The research question the study seeks to answer is the following: what thresholds of insurance penetration … positively affect economic growth in Africa? The empirical evidence is based on Generalized Method of Moments. Life insurance …
Persistent link: https://www.econbiz.de/10012025638
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
Persistent link: https://www.econbiz.de/10011341964