Consumption risk-sharing in Italy

This paper analyses the issue of consumption risk-sharing in the 20 Italian regions during the period 1983-94. The tests proposed allow for regional specific departures from the hypothesis of complete risk-sharing and for the existence of non-separabilities among groups of commodities. Empirical evidence suggests the rejection of the hypothesis of complete consumption risk-sharing.

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Year of publication:	1998
Authors:	Scorcu, Antonello
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 30.1998, 3, p. 407-414
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009227136