International Risk Sharing During the Globalization Era /

Though theory suggests financial globalization should improve international risk sharing, empirical support has been limited. We develop a simple welfare-based measure that captures how far countries are from the ideal of perfect risk sharing. We then take it to data and find international risk shar...

Повний опис

Бібліографічні деталі
Автор: Matsumoto, Akito
Інші автори: Flood, Robert, Marion, Nancy
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2009.
Серія:IMF Working Papers; Working Paper ; No. 2009/209
Онлайн доступ:Full text available on IMF