Firms in many developing countries cite macroeconomic instability and political uncertainty as major constraints to their growth. The authors conduct a randomized experiment in post-revolution Egypt to measure the impact of insuring microenterprises against this uncertainty. Demand for macroeconomic shock insurance was high, with a take-up rate of 36.7 percent. However, purchasing insurance does not change the likelihood a business takes a new loan...
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详细
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2015/08/24
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日志文章
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100198
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1
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1
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2019/08/24
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Disclosed
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Macro insurance for microenterprises : a randomized experiment in post-revolution Egypt
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Micro and Small Enterprises