Macroinsurance for Microenterprises : A Randomized Experiment in Post-Revolution Egypt

Firms in many developing countries cite macroeconomic instability and political uncertainty as major constraints to their growth. Economic theory suggests uncertainty can cause firms to delay investments until uncertainty is resolved. A randomized...

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Bibliographic Details
Main Authors:	Groh, Matthew, McKenzie, David
Format:	Publications & Research
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	ACCESS TO FINANCE ACCESS TO FINANCING ACCOUNTING ACTUARIALLY FAIR INSURANCE AMOUNT OF LOAN APR ASSETS BANK LOAN BANK POLICY BANKING LAWS BANKS BORROWING BUSINESS ACTIVITY BUSINESS ASSOCIATION BUSINESS OWNER BUSINESS OWNERS BUSINESS RISK CAPITAL INVESTMENTS CAPITAL STOCK CASH FLOW CASH ON HAND CHECKS CONSUMERS CORRUPTION CREDIT OFFICER CURRENCY DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOUNT RATE DUMMY VARIABLE ECONOMIC THEORY EDUCATION LEVELS ELIGIBILITY CRITERIA EMERGENCY LOAN EMPLOYEE EQUALITY EQUIPMENT EQUIPMENT PURCHASES EXCHANGE RATE FAIR PRICE FINANCIAL CRISIS FINANCIAL LITERACY FIRE INSURANCE FIRM PERFORMANCE GASOLINE PRICES GENDER GOVERNMENT SUBSIDIES GREATER ACCESS GROUP LOAN HEALTH INSURANCE HOUSEHOLD CONSUMPTION HOUSEHOLDS HUMAN CAPITAL INCOME INDIVIDUAL LOANS INFLATION INSTALLMENT INSTALLMENTS INSURANCE INSURANCE AGENCY INSURANCE COVERAGE INSURANCE MARKETS INSURANCE PAYMENTS INSURANCE PAYOUT INSURANCE PENETRATION INSURANCE POLICY INSURANCE PREMIUM INSURANCE PRODUCT INSURANCE PRODUCTS INSURANCE PROGRAM INSURANCE SERVICES INTEREST PAYMENT INTEREST RATE INTERNATIONAL BANK INVENTORIES INVENTORY INVESTING INVESTMENT ACTIVITIES INVESTMENT BEHAVIOR INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT OPPORTUNITIES LACK OF KNOWLEDGE LEGAL SYSTEM LIFE INSURANCE LIFE INSURANCE PREMIUMS LIQUIDITY LOAN LOAN AMOUNT LOAN AMOUNTS LOAN OFFICER LOAN OFFICERS LOAN PERIOD LOAN PRINCIPAL LOAN PROGRAM LOAN SIZE LOAN SIZES LONG-TERM INVESTMENTS MACROECONOMIC INSTABILITY MACROECONOMIC RISKS MACROECONOMIC UNCERTAINTY MARGINAL COEFFICIENTS MARKET PRICES MEDIAN FIRM MFIS MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE LOAN MICROFINANCE LOANS NEED FOR CREDIT NEGOTIATIONS NEW MARKET POLICY ANALYSIS POLITICAL RISK POLITICAL RISKS POLITICAL UNCERTAINTY PORTFOLIOS PRINCIPAL PAYMENT PROFITABILITY PUBLIC POLICY REFERENDUM REGULATORY CONSTRAINTS REGULATORY POLICY REPAYMENT RESERVES RETURN RETURNS RISK AVERSION RISK MANAGEMENT RISK OF DEFAULTS RISK SHARING SAVINGS SET ASIDE SMALL BUSINESS SMALL BUSINESS OWNERS SMALL ENTERPRISES SOCIAL FUND SOURCES OF FINANCE STOCK EXCHANGE STOCK MARKET SUBSISTENCE FARMERS SUBSTITUTION TAX TAX RATES TELECOMMUNICATIONS TRUST FUNDS VILLAGES WEATHER INSURANCE WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2014/09/20238435/macroinsurance-microenterprises-randomized-experiment-post-revolution-egypt http://hdl.handle.net/10986/20368