International Risk Sharing : Through Equity Diversification or Exchange Rate Hedging? /
Well-known empirical puzzles in international macroeconomics concern the large divergence of equilibrium outcomes for consumption across countries from the predictions of models with full risk sharing. It is commonly believed that these risk-sharing puzzles are related to another empirical puzzle-th...
Κύριος συγγραφέας: | |
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Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2009.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2009/138 |
Διαθέσιμο Online: | Full text available on IMF |