Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19480
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dc.creatorvon Furstenberg, George M.-
dc.date2004-
dc.date.accessioned2013-10-16T07:05:12Z-
dc.date.available2013-10-16T07:05:12Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19480-
dc.identifierppn:391525301-
dc.identifierRePEc:zbw:bubdp1:2158-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19480-
dc.descriptionWhen countries, and macroeconomic models, open up to international capital markets, the welfare gains available through completion of financial markets for contingencies potentially are much greater than those available from access to noncontingent international borrowing. Intercasual insurance, reducing exposure to differences in contingent future cases, and not intertemporal smoothing between now and then is the big story in open economies although the two must be told together.-
dc.languageeng-
dc.relationDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2004,13-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectF36-
dc.subjectG22-
dc.subjectE21-
dc.subjectddc:330-
dc.subjectConsumption Smoothing-
dc.subjectInternational Economic Insurance-
dc.subjectArrow-Debreu Securities-
dc.subjectForeign Loans-
dc.subjectInternational Risk Sharing-
dc.subjectVersicherung-
dc.subjectinternational-
dc.subjectInternationale Anleihe-
dc.subjectGesamtwirtschaftlicher Konsum-
dc.subjectZeitpräferenz-
dc.subjectRisiko-
dc.subjectWohlfahrtseffekt-
dc.subjectTheorie-
dc.subjectSchätzung-
dc.subjectWelt-
dc.subjectrisk sharing-
dc.titleConsumption Smoothing Across States and Time: International Insurance vs. Foreign Loans-
dc.typedoc-type:workingPaper-
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