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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Hlavní autor: Imbs, Jean
Další autoři: Mauro, Paolo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:IMF Working Papers; Working Paper ; No. 2007/132
On-line přístup:Full text available on IMF