Pooling Risk Among Countries /

In this paper, we identify the groups of countries where international risk-sharing opportunities are most attractive. We show that the bulk of risk-sharing gains can be achieved in groups consisting of as few as seven members, and that further marginal benefits quickly become negligible. For many s...

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Dettagli Bibliografici
Autore principale: Imbs, Jean
Altri autori: Mauro, Paolo
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/132
Accesso online:Full text available on IMF