Leduc, Sylvain - In: Business Review (2005) Q2, pp. 18-25
Sylvain Leduc notes that the extent of international risk-sharing remains surprisingly small. This appears to be the … so that their level of consumption varies less from year to year. In “International Risk-Sharing: Globalization Is Weaker … Than You Think,” Leduc digs a little further into the data to uncover why, in spite of recent trends, risk-sharing doesn …