search query: @indexterm risk sharing / total: 46
reference: 32 / 46
| Author: | Crucini, M. |
| Title: | On international and national dimensions of risk sharing |
| Journal: | Review of Economics and Statistics
1999 : FEB, VOL. 81:1, p. 73-84 |
| Index terms: | STATISTICS ECONOMICS RISK SHARING |
| Language: | eng |
| Abstract: | This paper contributes to the empirical literature that tests the implications of risk sharing across regions or countries. Rather than test the null of full insurance, the estimation method produces a parameter that measures the fraction of the annuity value of individual income that individuals of different regions (or nations) pool. Comparing the provinces of Canada, the states of the United States, and the G-7 countries, the author finds similar degrees of risk sharing within regions of Canada and the US that exceed the risk sharing that occurs across countries. |
SCIMA