Friday - November 1, 2024
Fed: Insurance, Weather, and Financial Stability
September 14, 2024
WASHINGTON, Sept. 14 (TNSres) -- The Federal Reserve issued the following white paper (No. 2024-067) on July 12, 2024, entitled "Insurance, Weather, and Financial Stability". The report is written by Charles M. Kahn, Ahyan Panjwani and Joao A.C. Santos.

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Abstract:

In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal Crop Insurance Act of 1980, which significantly expanded and rest . . .

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