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...
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2013/198 |
| Online Zugang: | Full text available on IMF |