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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Full text (MCPHS users only) |
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| Main Authors: | , |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
2006
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| Series: | IMF working paper ;
WP/06/179. |
| Subjects: | |
| Local Note: | ProQuest Ebook Central |
