Commodity Trade and International Risk Sharing: How Much Do Financial Markets Matter?
收藏NBER1989-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3027
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资源简介：
This paper evaluates the gains from international risk sharing in some simple general-equilibrium models with output uncertainty. Under empirically plausible calibration, the Incremental loss from a ban on international portfolio diversification is estimated to be quite small--0.15 percent of output
提供机构：
美国国家经济研究局
创建时间：
1989-07-01
