Balli, Faruk; Basher, Syed Abul; Balli, Hatice Ozer - In: Journal of Banking & Finance 37 (2013) 7, pp. 2303-2313
We examine the impact of the global financial crisis on the degree of international income and consumption risk-sharing among industrial economies using returns on cross-border portfolio holdings (e.g., debt, equity, FDI). We split the returns from the net foreign holdings as receipts (inflows)...