Inequality and risk management: Evidence from a lab experiment in Ghana

被引：2
|
作者：
Gallenstein, Richard A. [1 ]
机构：
[1] Catholic Univ Amer, Dept Econ, 620 Michigan Ave NE, Washington, DC 20064 USA
来源：
ECONOMICS LETTERS | 2022年 / 211卷
关键词：
Inequality; Fairness; Risk-management; Experimental games; INCOME INEQUALITY; PERSISTENT POVERTY; VULNERABILITY; CONSUMPTION; ECONOMICS; FAIRNESS; HARMFUL; TRAPS; TRUST;
D O I：
10.1016/j.econlet.2021.110235
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Wealth inequality has been growing throughout the world in recent decades. In this article, I explore the impact of inequality on risk-management decisions in a developing country context. I use a lab in-the-field experiment that introduces exogenous variation in inequality to investigate the impact of inequality on risk-sharing and insurance uptake decisions. I find that inequality does influence formation of risk-sharing agreements and demand for insurance. (c) 2021 Elsevier B.V. All rights reserved.
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页数：4
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