All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Selahattin Tolga Er and Ender Demir
''A matter of life or non-life: the role of economic uncertainty on insurance consumption''
( 2022, Vol. 42 No.3 )
This paper examines the effect of economic uncertainty proxied by the World Uncertainty Index on life and non-life insurance consumption using a panel dataset from 114 countries between 1996 and 2017. We find evidence that while higher economic uncertainty lowers life insurance penetration, non-life insurance penetration remains unaffected by economic uncertainty.
Keywords: Life Insurance, Non-life Insurance, Insurance Consumption, Economic Uncertainty, World Uncertainty Index
JEL: G2 - Financial Institutions and Services: General
Manuscript Received : Jun 07 2022 Manuscript Accepted : Sep 30 2022

  This abstract has been downloaded 30 times                The Full PDF of this paper has been downloaded 153795 times