Borge, Lars-Erik; Matsen, Egil - In: Scandinavian Journal of Economics 106 (2004) 2, pp. 215-230
We provide an empirical analysis of regional risk sharing in Norway over the period 1977-90. The approach of <link rid="b1">Asdrubali, Sørensen and Yosha (1996)</link> is extended to take public employment into account as a possible shock absorber. The other channels of risk sharing are capital markets and...
