Balli, Faruk; Sorensen, Bent E. - Volkswirtschaftliche Fakultät, … - 2007
We estimate the amount of income and consumption smoothing (risk sharing) between OECD countries during the period 1970{2003 with a particular focus on EU and EMU countries. Income smoothing from international factor income has increased in the EU and, in particular, the EMU but not in the...
