The evolution of income risk and consumption insurance in South Korea over the last two decades
Using data from the Korea Labor Income Panel Study, we study the evolution of income risk and consumption insurance against transitory and permanent income shocks in South Korea over the last two decades. We find a decreasing trend in both income and consumption risks. Furthermore, we estimate that...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2021
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/2439 https://ink.library.smu.edu.sg/context/soe_research/article/3438/viewcontent/Evolution_Income_Risk_Korea_av.pdf |
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| Institution: | Singapore Management University |
| Language: | English |