Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/85835 
Autor:innen: 
Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
Tinbergen Institute Discussion Paper No. 01-001/2
Verlag: 
Tinbergen Institute, Amsterdam and Rotterdam
Zusammenfassung: 
The test on the presence of full insurance that is commonly employed does not take intoaccount that households also rely on buffer stocks to shield their consumption from incomeshocks. In this paper a test is developed that deals with this omission. It is shown that in thepresence of partial insurance, the common test on the degree of informal insuranceunderestimates the degree of protection offered by informal arrangements. This finding haspolicy implications because if the degree of informal insurance is partial, but highnonetheless, targeting of transfers (in case of drought for instance) is of less importancewhile transitory movement out of poverty is limited. In the empirical part the newlydeveloped test is employed for data on rural Zimbabwe. The presence of full insurance isrejected.
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe
143.06 kB





Publikationen in EconStor sind urheberrechtlich geschützt.