Athanasoulis, Stefano G.; Wincoop, Eric van - In: The Review of Economics and Statistics 83 (2001) 4, pp. 688-698
We measure income uncertainty at the level of U.S. states, and the extent to which it has been reduced through risksharing, using a method recently developed by Athanasoulis and van Wincoop (2000). Risk is measured as the standard deviation of state-specific income growth uncertainty, measured...