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

DOI10.1007/S11079-007-9024-XzbMATH Open1422.91498OpenAlexW2013199560MaRDI QIDQ2316865FDOQ2316865

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

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zbMATH Keywords

trading costcapital flowshome biasnew open economy macroeconomicsinternational consumption risk sharing

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

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

Cited In (3)

• International Risk Sharing and the Transmission of Productivity Shocks
• EMU, EU, market integration and consumption smoothing
• Addressing international empirical puzzles: the liquidity of bonds

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