The lack of international consumption risk sharing: can inflation differentials and trading costs help explain the puzzle?

DOI10.1007/S11079-007-9024-XMaRDI QIDQ2316865zbMATH OpenOpenAlexFDO

Authors Mathias Hoffmann

Publication date 7 August 2019

Published in Open Economies Review (Search for Journal in Brave)

Full work available at URL https://www.zora.uzh.ch/id/eprint/8854/9/ZORA_NL_8854.pdf

zbMATH Keywords

trading costcapital flowshome biasnew open economy macroeconomicsinternational consumption risk sharing

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• International Risk Sharing and the Transmission of Productivity Shocks
• International risk sharing in overlapping generations models
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Cites work

• A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
• Business Cycles and the Asset Structure of Foreign Trade
• International Risk Sharing and the Transmission of Productivity Shocks
• Linear Regression Limit Theory for Nonstationary Panel Data

Cited in

(6)

• The econometrics of consumption risk sharing: a new perspective
• Is there consumer risk-pooling in the open economy? The evidence reconsidered
• Addressing international empirical puzzles: the liquidity of bonds
• International risk sharing in overlapping generations models
• EMU, EU, market integration and consumption smoothing
• International Risk Sharing and the Transmission of Productivity Shocks

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