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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Furceri, Davide
مؤلفون آخرون: Zdzienicka, Aleksandra
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/198
الوصول للمادة أونلاين:Full text available on IMF