Resilience to natural disasters Insurance penetration, institutions, and disaster types

Breckner, Miriam; Englmaier, Florian; Stowasser, Till und Sunde, Uwe (2016): Resilience to natural disasters Insurance penetration, institutions, and disaster types. In: Economics Letters, Bd. 148: S. 106-110

Abstract

Using newly available data, this note provides new evidence suggesting that private insurance penetration mitigates the negative economic effects of natural disasters. The results document heterogeneous effects across differentially institutionalized countries and across different disaster types.

• Dokumententyp: Zeitschriftenartikel
• Keywords: Natural disasters; Economic development; Insurance penetration; Institutions; Complementarities
• Fakultät: Volkswirtschaft ; Volkswirtschaft > Lehrstühle > Seminar für Bevölkerungsökonomik
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: O44, Q54, O43
• ISSN: 0165-1765
• Sprache: Englisch