Globalization and Risk Sharing
收藏NBER2006-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12482
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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,
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美国国家经济研究局创建时间：
2006-08-01
