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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Matsumoto, Akito
Awduron Eraill: Flood, Robert, Marion, Nancy
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/209
Mynediad Ar-lein:Full text available on IMF