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...

Полное описание

Библиографические подробности
Главный автор: Matsumoto, Akito
Другие авторы: Flood, Robert, Marion, Nancy
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Working Papers; Working Paper ; No. 2009/209
Online-ссылка:Full text available on IMF