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Non-market insurance and intrafamily transfers

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  • Andres Victorio

Abstract

This paper investigates the possibility that transfers of money between household members arise because a family member wishes to pay another an insurance premium in exchange for the right to collect an insurance coverage if a loss is suffered. The motive for the transfers is known as non-market insurance, and it is compared with altruism, bequests, and child-services-for-money (ABC). Some empirical evidence for non-market insurance is found based upon the panel study of income dynamics.

Suggested Citation

  • Andres Victorio, 2002. "Non-market insurance and intrafamily transfers," Applied Economics Letters, Taylor & Francis Journals, vol. 9(2), pages 99-102.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:2:p:99-102
    DOI: 10.1080/13504850110049414
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    References listed on IDEAS

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    Cited by:

    1. Miriti, M'Kiaira Kimathi, 2004. "Topping Informal Risk Pooling With Indexed Insurance: A Var Application," 2004 Annual meeting, August 1-4, Denver, CO 20239, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Li, Carmen A & Olivera, Javier, 2005. "Participation in the Peruvian reformed pension system," Economics Discussion Papers 3618, University of Essex, Department of Economics.
    3. Carmen Li & Javier Olivera, 2009. "Cobertura y afiliación al sistema privado de pensiones del Perú," Capítulos de Libros PUCP / Chapters of PUCP books, in: Efraín Gonzales de Olarte & Javier M. Iguiñiz Echeverría (ed.), Desarrollo económico y bienestar. Homenaje a Máximo Vega-Centeno, edition 1, chapter 8, pages 221-239, Fondo Editorial - Pontificia Universidad Católica del Perú.

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