English, Article edition: On consumption insurance in poor urban areas: Evidence from Ethiopia Eskander Alvi; Seife Dendir

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  • article
Language
  • English

Edition details

Title
  • On consumption insurance in poor urban areas: Evidence from Ethiopia
Author
  • Eskander Alvi
  • Seife Dendir
Physical Description
  • article
Notes
  • This paper tests the full insurance and related hypotheses using data from urban households in Ethiopia. Whereas consumption insurance tests have focused on rural areas of developing countries, much less is known about the urban poor who remain precariously positioned in terms of consumption insurance-owing both to weak social bonding that undermines informal arrangements and thin formal insurance and financial markets. Results from OLS and GMM estimations provide evidence to this effect and show that full insurance is strongly rejected for various income and consumption categories even at the local level. The results do suggest however that partial insurance may be taking place though only among the most vulnerable. Copyright © 2008 John Wiley &​ Sons, Ltd.
  • RePEc:wly:jintdv:v:21:y:2009:i:5:p:699-713
Language
  • English
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