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Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental...
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exports of all five broad categories of the U.K.'s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.'s export of financial and insurance services may be minor …
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Insurance enterprises provide services, called insurance services, to policyholders. The values of such services are … discusses the treatment of insurance services, and related transactions, in the balance of payments. A simple measure, based on … a number of assumptions, of nonlife insurance services is considered. The assumptions underlying this measure are then …
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In this paper, we examine how the presence of country insurance schemes affects policymakers'' incentives to undertake … reform in crisis-prone volatile economies. The consequences of country insurance, however, hinge on the nature of the reforms … ultimately discouraged by, insurance. By contrast, ""enhancing"" reforms that pay off more generously in the absence of a crisis …
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