Globalization and Risk Sharing
收藏数据链接：
官方服务：
资源简介：
This paper presents a theoretical study of the eects of globalization on risk sharing and welfare. We model globalization as a gradual and exogenous increase in the fraction of goods that are tradable. In the absence of frictions, globalization opens new goods markets and raises welfare. We assume,
提供机构：
美国国家经济研究局创建时间：
2006-08-01
