Risk and the Extent of Insurance
This paper proposes measures of income risk that households face, and of the extent of insurance effectively delivered by the various coping mechanisms those households use to minimize the consequence of that risk by (1) contrasting the expected utility of consumption an individual has with the util...
| Main Authors: | , |
|---|---|
| Format: | Working Paper |
| Language: | en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/16332 |