Asongu, Simplice; Odhiambo, Nicholas M. - 2020
In this study, we examine how insurance affects income inequality in sub-Saharan Africa, using data from 42 countries … Palma ratio. Two insurance premiums are employed, namely: life insurance and non-life insurance. The empirical evidence is … based on the Generalized Method of Moments (GMM). Life insurance increases the Gini coefficient and increasing life …