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emphasis put on the too-big-to-fail approach in insurance, i.e. EBA, might be partially missing the underlying nature of … systemic risk in insurance. Not only certain activities, including insurance activities such as life or non-life lines of …
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In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal … Crop Insurance Act of 1980, which significantly expanded and restructured the decades-old federal crop insurance program … our model. Banks increased lending to the agricultural sector in counties with higher insurance coverage after 1980, even …
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