On financial liberalization and long-run risk sharing

"We address the noted puzzle that despite increased capital mobility, international consumption risk sharing appears to be very limited. For all possible country pairings, we measure idiosyncratic consumption as the difference between national real per capita consumption expenditures. Using a p...

Descripción completa

Detalles Bibliográficos
Autores Principales: Holmes M.J., Otero J.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier B.V. 2016
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/24327
https://doi.org/10.1016/j.inteco.2016.05.003