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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Matsumoto, Akito
Outros autores: Flood, Robert, Marion, Nancy
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/209
Acceso en liña:Full text available on IMF