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Institutional quality, knightian uncertainty, and insurability : a cross-country analysis /

Knightian uncertainty (ambiguity) implies presence of uninsurable risks. Institutional quality may be a good indicator of Knightian uncertainty. This paper correlates non-life insurance penetration in 70 countries with income level, financial sector depth, country risk, a measure of cost of insuranc...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Erbas, S. Nuri (Autor), Sayers, Chera L. (Autor)
Autor Corporativo: International Monetary Fund. Office of Executive Directors
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2006.
Colección:IMF working paper ; WP/06/179.
Temas:
Acceso en línea:Texto completo

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