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...

Popoln opis

Bibliografske podrobnosti
Glavni avtor: Matsumoto, Akito
Drugi avtorji: Flood, Robert, Marion, Nancy
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2009.
Serija:IMF Working Papers; Working Paper ; No. 2009/209
Online dostop:Full text available on IMF