A matter of life or non-life: the role of economic uncertainty on insurance consumption

被引：0
|
作者：
Er, Selahattin Tolga [1 ]
Demir, Ender [2 ]
机构：
[1] Univ Hamburg, Inst Law & Econ, Hamburg, Germany
[2] Reykjavik Univ, Sch Social Sci, Dept Business Adm, Reykjavik, Iceland
来源：
ECONOMICS BULLETIN | 2022年 / 42卷 / 03期
关键词：
DETERMINANTS; DEMAND;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the effect of economic uncertainty proxied by the World Uncertainty Index on life and non-life insurance consumption using a panel dataset from 114 countries between 1996 and 2017. We find evidence that while higher economic uncertainty lowers life insurance penetration, non-life insurance penetration remains unaffected by economic uncertainty.
引用
收藏
页码：1305 / 1313
页数：9
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