How Does Financial Globalization Affect Risk Sharing?Patterns and Channels

In theory, one of the main benefits of financial globalization is that it should allow for moreefficient international risk sharing. In this paper, we provide a comprehensive empiricalevaluation of the patterns of risk sharing among different groups of countries and examinehow international financial integration has affected the evolution of risk sharing patterns...

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Year of publication:	2007-07-01
Authors:	Kose, M. Ayhan ; Prasad, Eswar S. ; Terrones, Marco E.
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Kapitalverkehr \| Capital flows \| Risikoverteilung

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Extent:	722944 bytes 46 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 2903 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	F2 - International Factor Movements and International Business ; F4 - Macroeconomic Aspects of International Trade and Finance ; Corporate finance and investment policy. Other aspects ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005862592