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...

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Bibliografische gegevens
Hoofdauteur: Matsumoto, Akito
Andere auteurs: Flood, Robert, Marion, Nancy
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2009.
Reeks:IMF Working Papers; Working Paper ; No. 2009/209
Online toegang:Full text available on IMF