International Risk Sharing.

Well-known empirical puzzles in international macroeconomics concern the large divergence of equilibrium outcomes for consumption across countries from the predictions of models with full risk sharing. It is commonly believed that these risk-sharing puzzles are related to another empirical puzzle-th...

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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Author:	Matsumoto, Akito
Other Authors:	Engel, Charles
Format:	eBook
Language:	English
Published:	Washington : International Monetary Fund, 2009.
Series:	IMF working paper (Online)