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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| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
2007.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2007/132 |
| 在線閱讀: | Full text available on IMF |