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...

Полное описание

Библиографические подробности
Главный автор: Imbs, Jean
Другие авторы: Mauro, Paolo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/132
Online-ссылка:Full text available on IMF