This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United …

in imposing standards for risk diversification in the credit portfolio. The issues reviewed for each country are the …This paper reviews the rules in place in selected countries to limit risk concentrations in the credit portfolio. The …

, such as lower educational enrollment rates for girls than for boys, harm diversification by constraining the potential pool …

risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different … a variety of empirical techniques, we conclude that there is at best a modest degree of international risk sharing, and … certainly nowhere near the levels predicted by theory. In addition, only industrial countries have attained better risk sharing …

This paper estimates an empirical nonstationary panel regression model that tests long-run consumption risk sharing … risk sharing, which is mainly about risks at business cycle frequency. Since our methodology focuses on identifying … cointegrating relationships while allowing for arbitrary short-run dynamics, we can obtain a consistent estimate of long-run risk …