Export credit insurance-a comparison

Filling A Shrinking Gap EDC ’ s Changing Role in the Market for Export - Credit Insurance

at EDC for very useful conversations. All errors and omissions are mine. [email protected].

Export growth and credit constraints

We investigate the effect of credit constraints on the growth of exports at the micro level. We develop a stylized dynamic model showing credit constraints play a key role in early stages of exporting, but not in later stages. Our empirical results using product level data on exports to twelve European Union members and the U.S. support the model’s predictions: exports from more credit constrai...

Insurability of export credit risks

This report presents an analysis of the market for export credit insurance. Governments of all developed countries offer exporting companies export credit (re)insurance, either directly or indirectly. This raises the questions 1. What are the key determinants of export credit risk insurability by the private market? 2. Which export credit risks can be covered by the private market? We provide a...

Credit Derivatives Are Not "Insurance"

Unemployment Insurance and Consumer Credit

This paper examines the impact of unemployment insurance (UI) on credit markets. Exploiting heterogeneity in the generosity of unemployment insurance across US states and over time, we find that UI helps the unemployed avoid defaulting on their debt. For every $1,000 increase in maximum UI benefits, mortgage delinquency drops by 2% and the eviction rate drops by 10% among unemployed homeowners....