| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16789 |
| 来源ID | Working Paper 16789 |
| International Risk Sharing in the Short Run and in the Long Run | |
| Marianne Baxter | |
| 发表日期 | 2011-02-18 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | International risk-sharing has far-reaching implications both for economic policy and for basic research in economics. When countries do not share risk, individuals in those countries experience fluctuations in their consumption levels that are undesirable and possibly unnecessary. This paper extends and refines the study of international risk-sharing in two dimensions. First, this paper investigates risk-sharing at short vs. long horizons. Countries might, for example, pool risks associated with high-frequency shocks (e.g., seasonal fluctuations in crop yields) but might not share risks associated with low frequency shocks (e.g., different long-run national growth rates). Second, this paper studies bilateral risk-sharing, which is different from the approach taken in most previous studies. We find that there is evidence of substantial international risk-sharing at medium and low frequencies. There is evidence of high and increasing risk-sharing within Europe that is not apparent for other regions of the world. |
| 主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; International Economics ; Trade ; International Factor Mobility ; International Macroeconomics |
| URL | https://www.nber.org/papers/w16789 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574464 |
| 推荐引用方式 GB/T 7714 | Marianne Baxter. International Risk Sharing in the Short Run and in the Long Run. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16789.pdf（297KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Marianne Baxter]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Marianne Baxter]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Marianne Baxter]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
