Showing 91 - 100 of 31,868
This paper analyzes the dynamic nature of rainfall insurance purchasing decisions, specifically looking at whether and why receiving an insurance payout induces a greater chance of purchasing insurance again the next year. This analysis uses customer data from the Indian micro-finance...
Persistent link: https://www.econbiz.de/10010903283
In this paper the authors analyze the relationship between personal opinions about the social security system and levels of informal employment using data from a recent household survey carried out in Bulgaria. They compare different indicators of job informality, focusing on the lack of social...
Persistent link: https://www.econbiz.de/10011007162
Secure property rights are considered a key determinant of economic development. However, evaluation of the causal effects of land titling is a difficult task. Since 2004, the Brazilian government, through a program called"Papel Passado,"has issued titles to more than 85,000 families and has the...
Persistent link: https://www.econbiz.de/10004982030
This paper uses a simple statistical approach to exploit some of the wealth of information contained in FSAP reports. The authors classify and count FSAP recommendations along a logical grid that reflects the fabric of financial activity and the ways in which states organize their policies in...
Persistent link: https://www.econbiz.de/10004989883
Theory makes ambiguous predictions about the relationship between market structure and competitiveness of the banking system and banking sector stability. Empirical studies focusing on individual countries provide similarly ambiguous results, while cross-country studies point mostly to a...
Persistent link: https://www.econbiz.de/10004989893
The Subprime crisis largely resulted from failures to internalize systemic risk evenly across financial intermediaries and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will need to integrate more harmoniously the three...
Persistent link: https://www.econbiz.de/10004965174
The 2007 subprime crisis in the United States has triggered a succession of financial crises around the globe, reigniting interest in the contagion phenomenon. Not all crises, however, are contagious. This paper models a new channel of contagion where the degree of anticipation of crises,...
Persistent link: https://www.econbiz.de/10005007893
This paper examines the development of risk-based supervision of pension funds in Australia. The large number of pension funds has meant that since the inception of pension fund supervision in the early 1990's the regulator has sought to identify high risk funds and focus its attention on these...
Persistent link: https://www.econbiz.de/10005106903
Mandatory pension systems play a major role in individual savings and labor supply decisions. In particular, it is well known that defined benefit pension schemes, which are not actuarially fair, can create incentives for early retirement and therefore reduce labor supply and the stock of human...
Persistent link: https://www.econbiz.de/10005079477
This article studies the extent to which participation in productive associations in Nicaragua contributes to increase individuals'access to social programs and credit services. By participating in productive associations, individuals give a good signal to firms and are rewarded with better...
Persistent link: https://www.econbiz.de/10005079826