International Risk Sharing and Currency Unions : The CFA Zones /
This paper explores income and consumption smoothing patterns among the member countries of each of the CFA zones-the CEMAC2 and the WAEMU3-during the period 1980-2000. I find that for the CEMAC, only about 15 percent of shocks to GDP are smoothed through the standard channels (that is, capital mark...
Tác giả chính: | |
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Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2005.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2005/095 |
Truy cập trực tuyến: | Full text available on IMF |