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

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...

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Dades bibliogràfiques
Autor principal:	Furceri, Davide
Altres autors:	Zdzienicka, Aleksandra
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2013.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2013/198
Accés en línia:	Full text available on IMF

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