LEADER 03849oam 22010094 450 001 9910788226503321 005 20230721045726.0 010 $a1-4623-7190-6 010 $a1-282-84415-6 010 $a9786612844157 010 $a1-4527-7125-1 010 $a1-4518-7356-5 035 $a(CKB)3170000000055353 035 $a(SSID)ssj0000941833 035 $a(PQKBManifestationID)11514420 035 $a(PQKBTitleCode)TC0000941833 035 $a(PQKBWorkID)10971666 035 $a(PQKB)10106958 035 $a(OCoLC)649706805 035 $a(MiAaPQ)EBC1608835 035 $a(IMF)WPIEE2009209 035 $a(EXLCZ)993170000000055353 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInternational Risk Sharing During the Globalization Era /$fAkito Matsumoto, Robert Flood, Nancy Marion 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a38 p. $cill 225 1 $aIMF Working Papers 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-4519-1778-3 320 $aIncludes bibliographical references. 330 3 $aThough theory suggests financial globalization should improve international risk sharing, empirical support has been limited. We develop a simple welfare-based measure that captures how far countries are from the ideal of perfect risk sharing. We then take it to data and find international risk sharing has, indeed, improved during globalization. Improved risk sharing comes mostly from the convergence in rates of consumption growth among countries rather than from synchronization of consumption at the business cycle frequency. Our finding explains why many existing measures fail to detect improved risk sharing-they focus only on risk sharing at the business cycle frequency. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/209 606 $aGlobalization 606 $aFinancial risk 606 $aFinance: General$2imf 606 $aMacroeconomics$2imf 606 $aMacroeconomics: Consumption$2imf 606 $aSaving$2imf 606 $aWealth$2imf 606 $aAggregate Factor Income Distribution$2imf 606 $aMacroeconomics: Production$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aFinance$2imf 606 $aConsumption$2imf 606 $aIncome$2imf 606 $aProduction growth$2imf 606 $aPrivate consumption$2imf 606 $aEmerging and frontier financial markets$2imf 606 $aEconomics$2imf 606 $aProduction$2imf 606 $aEconomic theory$2imf 606 $aFinancial services industry$2imf 607 $aJapan$2imf 615 0$aGlobalization. 615 0$aFinancial risk. 615 7$aFinance: General 615 7$aMacroeconomics 615 7$aMacroeconomics: Consumption 615 7$aSaving 615 7$aWealth 615 7$aAggregate Factor Income Distribution 615 7$aMacroeconomics: Production 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aFinance 615 7$aConsumption 615 7$aIncome 615 7$aProduction growth 615 7$aPrivate consumption 615 7$aEmerging and frontier financial markets 615 7$aEconomics 615 7$aProduction 615 7$aEconomic theory 615 7$aFinancial services industry 700 $aMatsumoto$b Akito$01472697 701 $aFlood$b Robert$0127224 701 $aMarion$b Nancy$0617061 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788226503321 996 $aInternational Risk Sharing During the Globalization Era$93741569 997 $aUNINA LEADER 01429nam0 22003131i 450 001 UON00462460 005 20231205105130.269 010 $a978-14-696-2660-4 100 $a20151217d2015 |0itac50 ba 101 $aeng 102 $aUS 105 $a|||| ||||| 200 1 $aBack channel to Cuba$ethe Hidden history of negotiations between Washington and Havana$fWilliam L. Leogrande 210 $aChapel Hill$cUniversity of North Carolina press$d2015 215 $aXIV, 568 p.$d24 cm. 606 $aCUBA E STATI UNITI$3UONC042907$2FI 606 $aSTATI UNITI$xRelazioni estere$xCuba$3UONC089718$2FI 620 $aUS$dChapel Hill$3UONL000709 676 $a327.7307$cRELAZIONI ESTERE. Stati Uniti - Cuba$v22 700 1$aLEOGRANDE$bWilliam M.$3UONV231690$0570016 701 1$aKORNBLUH$bPeter$3UONV131465$0719757 712 $aUniversity of North Carolina$3UONV246332$4650 801 $aIT$bSOL$c20240220$gRICA 899 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$2UONSI 912 $aUON00462460 950 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$dSI III STORIAAME 1317 $eSI 17823 5 1317 $sBuono 951 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$bSI20151774 1J 20151217Vs preventivo del 3/12/2015 996 $aBack channel to Cuba$91397812 997 $aUNIOR