How Does Financial Globalization Affect Risk Sharing? : Patterns and Channels /

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examines how international financial...

Description complète

Détails bibliographiques
Auteur principal: Terrones, Marco
Autres auteurs: Kose, Ayhan, Prasad, Eswar
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2007.
Collection:IMF Working Papers; Working Paper ; No. 2007/238
Accès en ligne:Full text available on IMF