In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examines how international...

Die Studie erforscht den Einfluss sozialer Strukturen und sozialer Netzwerke auf die Entscheidungsfindung eines fragmentierten, heterogenen Gremiums, das im Senegal in einer agro-pastoralen Dörfergemeinschaft für die Förderung und Verteilung der Common-Pool Ressource Wasser zuständig ist....