Plausibly Exogenous [1713] - Market Discipline (10/11/2024)
LHS Variable
Market discipline
RHS Variable
Public guarantees
Source of Exogenous Variation
Variation in U.S. state guarantees of property-liability insurer obligations
- Deng, Leverty, Wunder, and Zanjani (2023), “Market Discipline and Government Guarantees: Evidence from the Insurance Industry”