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Financial Integration and International Risk Sharing

 

Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
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Rs. 3,651

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  • Product Description
 

A surge in cross-border capital flow and stock of foreign assets and liabilities in recent years signals greater international …financial integration. Greater …financial integration should improve consumption suggests that risk sharing across countries since countries can trade more …nancial assets to smooth their consumptions. However, most empirical evidence risk sharing has improved only in industrialized economies but not in emerging markets and developing countries. Using a new measure of risk sharing, this book found an indirect impact of financial integration on risk sharing in emerging markets and developing countries that previous studies have failed to quantify. Moreover, financial integration is found to exhibit decreasing returns to scale.

Product Specifications
SKU :COC12899
AuthorNarada Luckanachai
LanguageEnglish
BindingPaperback
Number of Pages76
Publishing Year2010-03-12T00:00:00.000
ISBN978-3639294514
Edition1st
Book TypeInternational economics
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-22 00:00:00