The Euro Area Crisis : Need for a Supranational Fiscal Risk Sharing Mechanism? /

The aim of this paper is to assess the effectiveness of risk sharing mechanisms in the euro area and whether a supranational fiscal risk sharing mechanism could insure countries against very severe downturns. Using an unbalanced panel of 15 euro area countries over the period 1979-2010, the results...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Furceri, Davide
अन्य लेखक: Zdzienicka, Aleksandra
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/198
ऑनलाइन पहुंच:Full text available on IMF