International Risk Sharing : Through Equity Diversification or Exchange Rate Hedging?

Through Equity Diversification or Exchange Rate Hedging?

International Risk Sharing : Through Equity Diversification or Exchange Rate Hedging?
Well-known empirical puzzles in international macroeconomics concern the large divergence of equilibrium outcomes for consumption across countries from the predictions of models with full risk sharing. It is commonly believed that these risk-sharing puzzles are related to another empirical puzzle-the home-bias in equity puzzle. However, we show... READ MORE...

Publication date: July 2009
ISBN 9781451872859
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: July 2009

PDF

Publication date: July 2009

ePub

Publication date: July 2009

Mobi

Publication date: July 2009

English