Showing 1 - 10 of 14,567
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 financial integration has affected the evolution of risk sharing … patterns. Using a variety of empirical techniques, we conclude that there is at best a modest degree of international risk …
Persistent link: https://www.econbiz.de/10003586563
Persistent link: https://www.econbiz.de/10003615067
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 …
Persistent link: https://www.econbiz.de/10014400319
Persistent link: https://www.econbiz.de/10001507753
Persistent link: https://www.econbiz.de/10012625510
Persistent link: https://www.econbiz.de/10003555811
Persistent link: https://www.econbiz.de/10008991122
Despite the measures that have already been put in place to strengthen the international financial architecture in the wake of the Asian financial crisis, still much remain to be done. This paper tried to distinguish developing economies' views, in general, and East Asian views, in particular,...
Persistent link: https://www.econbiz.de/10011437511
If emerging markets are to achieve their objective of joining the ranks of industrialized, developed countries, they must use their economic and political influence to support radical change in the international financial system. This working paper recommends John Maynard Keynes's "clearing...
Persistent link: https://www.econbiz.de/10010477572