Why are some households so poorly insured?
e explore empirically how households insure themselves against consumption volatility. We asked households how they would fund an unexpected emergency consumption expense equivalent to one month’s income. Answers reveal a range of consumption insurance mechanisms, including borrowing from credit mar...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018
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| Online Access: | http://eprints.nottingham.ac.uk/53399/ http://eprints.nottingham.ac.uk/53399/1/jebo_submit_manuscript_accepted.pdf |