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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17612 |
来源ID | Working Paper 17612 |
Risk Sharing through Capital Gains | |
Faruk Balli; Sebnem Kalemli-Ozcan; Bent Sorensen | |
发表日期 | 2011-11-23 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6 percent, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for Euro zone countries, at 14 percent, reflecting increased international asset and liability holdings in the Euro area. |
主题 | International Economics ; International Factor Mobility ; International Finance |
URL | https://www.nber.org/papers/w17612 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575287 |
推荐引用方式 GB/T 7714 | Faruk Balli,Sebnem Kalemli-Ozcan,Bent Sorensen. Risk Sharing through Capital Gains. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17612.pdf(413KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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