Cross-country Consumption Risk Sharing, a Long-run Perspective /

This paper estimates an empirical nonstationary panel regression model that tests long-run consumption risk sharing across a sample of OECD and emerging market (EM) countries. This is in contrast to the existing literature on consumption risk sharing, which is mainly about risks at business cycle fr...

Descripció completa

Dades bibliogràfiques
Autor principal: Qiao, Zhaogang
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/064
Accés en línia:Full text available on IMF