Balli, Faruk; Basher, Syed Abul; Jean Louis, Rosmy - Volkswirtschaftliche Fakultät, … - 2011
This paper incorporates recent developments in the literature to quantify the amount of interprovincial risk-sharing in … bring to light the critical role that Alberta plays in trading-off credit market smoothing for more capital market risk-sharing … with the rest of Canada. Our pairwise risk-sharing analysis has brought up some interesting questions and arguments that …