Related Books
Language: en
Pages: 43
Pages: 43
Type: BOOK - Published: 2009 - Publisher:
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comp
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2007-10 - Publisher: International Monetary Fund
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comp
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2003-12-01 - Publisher: International Monetary Fund
The paper provides a general-equilibrium model where incomplete international financial markets lead to insufficient industrial specialization and low internati
Language: en
Pages: 29
Pages: 29
Type: BOOK - Published: 2011 - Publisher:
This paper documents a marked increase in international consumption risk sharing throughout the recent globalization period. Unlike earlier studies that have fo
Language: en
Pages: 40
Pages: 40
Type: BOOK - Published: 2009-09-01 - Publisher: International Monetary Fund
Though theory suggests financial globalization should improve international risk sharing, empirical support has been limited. We develop a simple welfare-based
