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This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for 54 developing countries. Tariff data on agricultural and manufacturing goods are combined with household survey data on detailed income and expenditure patterns to estimate the...
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insurance markets. Based on 20 years of insurance premium data from 180 countries, and a similar wealth of data on institutions … and financial market development, the paper presents important correlates of insurance market development. Although the … analysis cannot identify which factors directly cause insurance market growth, the results suggest that interventions aimed at …
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