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...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Matsumoto, Akito
Andre forfattere: Flood, Robert, Marion, Nancy
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2009.
Serier:IMF Working Papers; Working Paper ; No. 2009/209
Online adgang:Full text available on IMF