Country Insurance Using Financial Instruments /

The availability of financial instruments related to indices that track global financial conditions and risk appetite can potentially offer countries alternative options to insure against external shocks. This paper shows that while these instruments can explain much of the in-sample variation in bo...

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Dettagli Bibliografici
Autore principale: Ricci, Luca
Altri autori: Chamon, Marcos, Zhang, Yuanyan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/169
Accesso online:Full text available on IMF