create a website

Assessing the degree of international consumption risk sharing . (2018). Servén, Luis ; Hevia, Constantino ; Serven, Luis.
In: Department of Economics Working Papers.
RePEc:udt:wpecon:2018_01.

Full description at Econpapers || Download paper

Cited: 9

Citations received by this document

Cites: 34

References cited by this document

Cocites: 43

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Risk-sharing within Brazil and South America. (2023). Ferreira, Alex ; Silva, Eduardo.
    In: Empirical Economics.
    RePEc:spr:empeco:v:65:y:2023:i:2:d:10.1007_s00181-022-02350-1.

    Full description at Econpapers || Download paper

  2. Integrating Out Natural Disaster Shocks. (2023). Bremus, Franziska ; Rieth, Malte.
    In: Discussion Papers of DIW Berlin.
    RePEc:diw:diwwpp:dp2063.

    Full description at Econpapers || Download paper

  3. What types of capital flows help improve international risk sharing?. (2022). Kose, Ayhan ; Islamaj, Ergys.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:122:y:2022:i:c:s0261560621001959.

    Full description at Econpapers || Download paper

  4. Risk sharing and industrial specialization in China. (2022). He, Qing ; Du, Julan ; Zhang, CE.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:50:y:2022:i:2:p:599-626.

    Full description at Econpapers || Download paper

  5. Financial reforms and low‐income households impact on international consumption risk sharing. (2022). Gardberg, Malin.
    In: International Finance.
    RePEc:bla:intfin:v:25:y:2022:i:3:p:375-395.

    Full description at Econpapers || Download paper

  6. What Types of Capital Flows Help Improve International Risk Sharing ?. (2021). Kose, Ayhan ; Islamaj, Ergys.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:9846.

    Full description at Econpapers || Download paper

  7. What Types of Capital Flows Help Improve International Risk Sharing?. (2021). Kose, Ayhan ; Islamaj, Ergys.
    In: Koç University-TUSIAD Economic Research Forum Working Papers.
    RePEc:koc:wpaper:2122.

    Full description at Econpapers || Download paper

  8. Adding space to the international business cycle. (2020). Servén, Luis ; Serven, Luis ; Abate, Girum Dagnachew.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:65:y:2020:i:c:s0164070420301373.

    Full description at Econpapers || Download paper

  9. Assessing the degree of international consumption risk sharing. (2018). Servén, Luis ; Hevia, Constantino ; Serven, Luis.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:134:y:2018:i:c:p:176-190.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Artis, Michael, and Mathias Hoffmann. 2008. “Financial Globalization, International Business Cycles and Consumption Risk Sharing.” Scandinavian Journal of Economics, 110(3): 447–471.

  2. Asdrubali, Pierfederico, and Soyoung Kim. 2008. “Incomplete Intertemporal Consumption Smoothing and Incomplete Risk Sharing.” Journal of Money, Credit and Banking, 40(7): 1521–1531.

  3. Bai, Jushan, and Serena Ng. 2002. “Determining the Number of Factors in Approximate Factor Models.” Econometrica, 70(1): 191–221.

  4. Bai, Jushan, and Serena Ng. 2006. “Confidence Intervals for Diffusion Index Forecasts and Inference for Factor-Augmented Regressions.” Econometrica, 74(4): 1133–1150.

  5. Bai, Jushan, and Serena Ng. 2007. “Determining the Number of Primitive Shocks in Factor Models.” Journal of Business & Economic Statistics, 25: 52–60.

  6. Bai, Jushan, and Serena Ng. 2013. “Principal components estimation and identification of static factors.” Journal of Econometrics, 176(1): 18–29.

  7. Bai, Yan, and Jing Zhang. 2012. “Financial integration and international risk sharing.” Journal of International Economics, 86(1): 17–32.

  8. Bengui, Julien, Enrique G. Mendoza, and Vincenzo Quadrini. 2013. “Capital mobility and international sharing of cyclical risk.” Journal of Monetary Economics, 60(1): 42–62.

  9. Byrne, Joseph P., Giorgio Fazio, and Norbert Fiess. 2009. “The Global Side of the Investment-Saving Puzzle.” Journal of Money, Credit and Banking, 41(5): 1033–1040.

  10. Campbell, John Y. 1993. “Intertemporal Asset Pricing without Consumption Data.” American Economic Review, 83(3): 487–512.

  11. Campbell, John Y., and N. Gregory Mankiw. 1989. “Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence.” In NBER Macroeconomics Annual 1989, Volume 4. NBER Chapters, 185–246. National Bureau of Economic Research, Inc.

  12. Campbell, John, and N. Gregory Mankiw. 1990. “Permanent Income, Current Income, and Consumption.” Journal of Business & Economic Statistics, 8(3): 265–79.
    Paper not yet in RePEc: Add citation now
  13. Canova, Fabio, and Morten O. Ravn. 1996. “International Consumption Risk Sharing.” International Economic Review, 37(3): 573–601.

  14. Chinn, Menzie, and Hiro Ito. 2006. “What matters for financial development? Capital controls, institutions, and interactions.” Journal of Development Economics, 81(1): 163–192.

  15. Coakley, Jerry, Farida Hasan, and Ron Smith. 1999. “Saving, Investment, and Capital Mobility in LDCs.” Review of International Economics, 7(4): 632–640.
    Paper not yet in RePEc: Add citation now
  16. Commault, Jeanne. 2017. “How dows consumption respond to a transitory income shock? Reconciling natural experiments and structural estimations.” Ecole Polytechnique Working Paper.

  17. Crucini, Mario J, and Gregory D Hess. 2000. “International and Intranational Risk Sharing.” In Intranational Macroeconomics. , ed. Gregory D Hess and Eric van Wincoop, Chapter 2, 37–59. NY:Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  18. Crucini, Mario J. 1999. “On International and National Dimensions of Risk Sharing.” The Review of Economics and Statistics, 81(1): 73–84.

  19. Driscoll, John C., and Aart C. Kraay. 1998. “Consistent Covariance Matrix Estimation With Spatially Dependent Panel Data.” The Review of Economics and Statistics, 80(4): 549–560.

  20. Flood, Robert P., Nancy P. Marion, and Akito Matsumoto. 2012. “International risk sharing during the globalization era.” Canadian Journal of Economics, 45(2): 394–416.

  21. Hansen, Lars Peter, and Thomas J. Sargent. 1980. “Formulating and estimating dynamic linear rational expectations models.” Journal of Economic Dynamics and Control, 2: 7 – 46.

  22. Hevia, Constantino, and Luis Servén. 2018. “Supplement to “Assessing the degree of international consumption risk sharing.” Universidad Torcuato Di Tella Working Paper.

  23. Ho, Chun-Yu, and Wai-Pin Alex Ho. 2015. “Dynamics and Heterogeneity of Inter- and Intranational Risk Sharing.” Journal of Money, Credit and Banking, 47(1): 123–142.

  24. Holinski, Nils, Clemens J.M. Kool, and Joan Muysken. 2012. “The impact of international portfolio composition on consumption risk sharing.” Journal of International Money and Finance, 31(6): 1715 – 1728.

  25. Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. 2017. “Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?” National Bureau of Economic Research Working Paper 23134.

  26. Kose, M Ayhan, Eswar Prasad, Kenneth Rogoff, and Shang-Jin Wei. 2009. “Financial Globalization: A Reappraisal.” IMF Staff Papers, 56(1): 8–62.

  27. Kose, M. Ayhan, Eswar S. Prasad, and Marco E. Terrones. 2009. “Does financial globalization promote risk sharing?” Journal of Development Economics, 89(2): 258–270.

  28. Lewis, Karen K. 1996. “What Can Explain the Apparent Lack of International Consumption Risk Sharing?” Journal of Political Economy, 104(2): 267–297.

  29. Loayza, Norman, and Claudio Raddatz. 2007. “The Structural Determinants of External Vulnerability.” World Bank Economic Review, 21(3): 359–387.

  30. Obstfeld, Maurice, and Kenneth Rogoff. 2001. “The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?” NBER Macroeconomics Annual, 15: 339– 390.

  31. Obstfeld, Maurice. 1994. “Are Industrial-Country Consumption Risks Globally Diversified ?” In Capital mobility: the impact on consumption, investment and growth. , ed. Leonardo Leiderman and Assaf Razin, Chapter 2, 13–44. Cambridge UK:Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  32. Sørensen, Bent E., Yi-Tsung Wu, Oved Yosha, and Yu Zhu. 2007. “Home bias and international risk sharing: Twin puzzles separated at birth.” Journal of International Money and Finance, 26(4): 587 – 605. Financial Globalization and Integration.

  33. Song, Minkee. 2013. “Asymptotic theory for dynamic heterogeneous panels with crosssectional dependence and its applications.” Korea Institute of Finance Working Paper.
    Paper not yet in RePEc: Add citation now
  34. Stock, James H., and Mark W. Watson. 2005. “Implications of Dynamic Factor Models for VAR Analysis.” National Bureau of Economic Research, Inc NBER Working Papers.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Economic integration and consumption risk sharing: A comparison of Eurozone and OECD countries. (2024). Yersh, Valeryia ; Beck, Krzysztof.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:89:y:2024:i:pb:p:784-803.

    Full description at Econpapers || Download paper

  2. Economic and financial integration, capital controls, and risk sharing. (2024). Donadelli, Michael ; Gufler, Ivan.
    In: Economica.
    RePEc:bla:econom:v:91:y:2024:i:364:p:1482-1520.

    Full description at Econpapers || Download paper

  3. Risk sharing in currency unions: The migration channel. (2023). Müller, Gernot ; Kohler, Wilhelm ; Wellmann, Susanne ; Muller, Gernot J.
    In: European Economic Review.
    RePEc:eee:eecrev:v:158:y:2023:i:c:s001429212300168x.

    Full description at Econpapers || Download paper

  4. A deep dive into the capital channel of risk sharing in the euro area. (2023). Bremus, Franziska ; Kastelein, Wieger ; Fuentes, Natalia Martin ; Lambert, Claudia ; Born, Alexandra.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20232864.

    Full description at Econpapers || Download paper

  5. Encompassing measures of international consumption risk sharing and their link with trade and financial globalization. (2022). Everaert, Gerdie ; Pozzi, Lorenzo.
    In: Journal of Applied Econometrics.
    RePEc:wly:japmet:v:37:y:2022:i:2:p:433-449.

    Full description at Econpapers || Download paper

  6. Financial Reforms and Low-Income Households’ Impact on International Consumption Risk Sharing. (2022). Gardberg, Malin.
    In: Working Paper Series.
    RePEc:hhs:iuiwop:1261.

    Full description at Econpapers || Download paper

  7. Financial reforms and low‐income households impact on international consumption risk sharing. (2022). Gardberg, Malin.
    In: International Finance.
    RePEc:bla:intfin:v:25:y:2022:i:3:p:375-395.

    Full description at Econpapers || Download paper

  8. Estimating Non-stationary Common Factors: Implications for Risk Sharing. (2020). Ruiz, Esther ; Poncela, Pilar ; Corona, Francisco.
    In: Computational Economics.
    RePEc:kap:compec:v:55:y:2020:i:1:d:10.1007_s10614-018-9875-9.

    Full description at Econpapers || Download paper

  9. A provincial view of consumption risk sharing in Korea:Asset classes as shock absorbers. (2020). Pontines, Victor.
    In: Journal of the Japanese and International Economies.
    RePEc:eee:jjieco:v:55:y:2020:i:c:s0889158320300010.

    Full description at Econpapers || Download paper

  10. Assessing the degree of international consumption risk sharing . (2018). Servén, Luis ; Hevia, Constantino ; Serven, Luis.
    In: Department of Economics Working Papers.
    RePEc:udt:wpecon:2018_01.

    Full description at Econpapers || Download paper

  11. Temporal and Spatial Dependence of Inter-Regional Risk Sharing: Evidence from Russia. (2018). Fidrmuc, Jarko ; Degler, Moritz.
    In: Working Papers.
    RePEc:ost:wpaper:373.

    Full description at Econpapers || Download paper

  12. Globalization and international risk-sharing: The role of social and political integration. (2018). Pericoli, Filippo Maria ; Balli, Faruk ; Pierucci, Eleonora.
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:55:y:2018:i:c:p:324-345.

    Full description at Econpapers || Download paper

  13. Assessing the degree of international consumption risk sharing. (2018). Servén, Luis ; Hevia, Constantino ; Serven, Luis.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:134:y:2018:i:c:p:176-190.

    Full description at Econpapers || Download paper

  14. Estimating non-stationary common factors : Implications for risk sharing. (2017). Poncela, Pilar ; Corona, Francisco ; Ortega, Esther Ruiz.
    In: DES - Working Papers. Statistics and Econometrics. WS.
    RePEc:cte:wsrepe:24585.

    Full description at Econpapers || Download paper

  15. Risk sharing among economic sectors. (2016). Balli, Faruk ; Eleonora, Pierucci ; Faruk, Balli.
    In: MPRA Paper.
    RePEc:pra:mprapa:72452.

    Full description at Econpapers || Download paper

  16. Determinants of International Consumption Risk Sharing in Emerging Markets and Developing Countries. (2016). Gardberg, Malin.
    In: EcoMod2016.
    RePEc:ekd:009007:9452.

    Full description at Econpapers || Download paper

  17. Capital market integration and consumption risk sharing over the long run. (2016). Schmeling, Maik ; Santa-Clara, Pedro ; Rangvid, Jesper.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:103:y:2016:i:c:p:27-43.

    Full description at Econpapers || Download paper

  18. Taxes and international risk sharing. (2016). Ramnath, Shanthi ; Mukherjee, Rahul ; Epstein, Brendan.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:102:y:2016:i:c:p:310-326.

    Full description at Econpapers || Download paper

  19. Intranational risk sharing and its determinants. (2015). Ho, Chun-Yu ; Li, Dan.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:51:y:2015:i:c:p:89-113.

    Full description at Econpapers || Download paper

  20. Taxes and International Risk Sharing. (2014). Ramnath, Shanthi ; Mukherjee, Rahul ; Epstein, Brendan.
    In: International Finance Discussion Papers.
    RePEc:fip:fedgif:1110.

    Full description at Econpapers || Download paper

  21. Financial integration and consumption risk sharing and smoothing. (2014). Suzuki, Yui.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:29:y:2014:i:c:p:585-598.

    Full description at Econpapers || Download paper

  22. Consumption risk sharing and self-insurance across provinces in China: 1952–2008. (2014). Lai, Jennifer ; Chan, Kenneth ; Yan, Isabel K. M., .
    In: China Economic Review.
    RePEc:eee:chieco:v:30:y:2014:i:c:p:66-85.

    Full description at Econpapers || Download paper

  23. Persistence in the price-to-dividend ratio and its macroeconomic fundamentals. (2013). Herwartz, Helmut ; Xu, Fang ; Rengel, Malte.
    In: VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order.
    RePEc:zbw:vfsc13:79860.

    Full description at Econpapers || Download paper

  24. Partial consumption insurance and financial openness across the world. (2013). Servén, Luis ; Hevia, Constantino ; Serven, Luis.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:6479.

    Full description at Econpapers || Download paper

  25. EMU, EU, Market Integration and Consumption Smoothing. (2013). Melitz, Jacques ; Christev, Atanas.
    In: Open Economies Review.
    RePEc:kap:openec:v:24:y:2013:i:5:p:789-818.

    Full description at Econpapers || Download paper

  26. Banking sectors international interconnectedness: Implications for consumption risk sharing in Europe. (2012). Nitschka, Thomas.
    In: Working Papers.
    RePEc:snb:snbwpa:2012-04.

    Full description at Econpapers || Download paper

  27. EMU, EU, Market Integration and Consumption Smoothing. (2012). Melitz, Jacques ; Christev, Atanas.
    In: Heriot-Watt University Economics Discussion Papers.
    RePEc:hwe:hwuedp:1209.

    Full description at Econpapers || Download paper

  28. The impact of international portfolio composition on consumption risk sharing. (2012). Muysken, Joan ; Kool, Clemens ; Holinski, Nils ; Kool, Clemens J. M., .
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:31:y:2012:i:6:p:1715-1728.

    Full description at Econpapers || Download paper

  29. EMU, EU, Market Integration and Consumption Smoothing. (2012). Melitz, Jacques ; Christev, Atanas.
    In: SIRE Discussion Papers.
    RePEc:edn:sirdps:411.

    Full description at Econpapers || Download paper

  30. The Impact of International Portfolio Composition on Consumption Risk Sharing. (2011). Muysken, Joan ; Kool, Clemens ; Holinski, Nils.
    In: Working Papers.
    RePEc:use:tkiwps:1120.

    Full description at Econpapers || Download paper

  31. On international risk sharing and financial globalization: some gloomy evidence. (2011). Ventura, Luigi ; Pierucci, Eleonora.
    In: Departmental Working Papers of Economics - University 'Roma Tre'.
    RePEc:rtr:wpaper:0124.

    Full description at Econpapers || Download paper

  32. Labour market rigidities and international risk sharing across OECD countries. (2011). Scharler, Johann ; Foster-McGregor, Neil ; Fidrmuc, Jarko.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:30:y:2011:i:4:p:660-677.

    Full description at Econpapers || Download paper

  33. Risk Sharing: A Long Run Issue?. (2010). Ventura, Luigi ; Pierucci, Eleonora.
    In: Open Economies Review.
    RePEc:kap:openec:v:21:y:2010:i:5:p:705-730.

    Full description at Econpapers || Download paper

  34. Have Consumption Risks in the G7 Countries Become Diversified?. (2010). Scharler, Johann ; Antonakakis, Nikolaos.
    In: Economics working papers.
    RePEc:jku:econwp:2010_16.

    Full description at Econpapers || Download paper

  35. Equity fund ownership and the cross-regional diversification of household risk. (2010). Hoffmann, Mathias ; Becker, Sascha.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:34:y:2010:i:1:p:90-102.

    Full description at Econpapers || Download paper

  36. Banks, financial markets, and international consumption risk sharing. (2009). Scharler, Johann ; Leibrecht, Markus.
    In: Department of Economics Working Paper Series.
    RePEc:wiw:wus005:1664.

    Full description at Econpapers || Download paper

  37. Capital Market Integration: A Review of the Issues and an Assessment of New Zealands Position.. (2009). boyle, glenn.
    In: Working Paper Series.
    RePEc:vuw:vuwcsr:4034.

    Full description at Econpapers || Download paper

  38. Taking home bias seriously: absolute and relative measures explaining consumption risk-sharing. (2009). Kool, Clemens ; Holinski, Nils ; Joan, Muysken ; Nils, Holinski .
    In: Research Memorandum.
    RePEc:unm:umamet:2009035.

    Full description at Econpapers || Download paper

  39. Banks, Financial Markets and International Consumption Risk Sharing. (2009). Scharler, Johann ; Leibrecht, Markus.
    In: Economics working papers.
    RePEc:jku:econwp:2009_14.

    Full description at Econpapers || Download paper

  40. International Risk Sharing During the Globalization Era. (2009). Matsumoto, Akito ; Flood, Robert P ; Marion, Nancy P.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2009/209.

    Full description at Econpapers || Download paper

  41. Securitization of Mortgage Debt, Asset Prices and International Risk Sharing. (2009). Nitschka, Thomas ; Hoffmann, Mathias.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2527.

    Full description at Econpapers || Download paper

  42. Securitization of Mortgage Debt, Asset Prices and International Risk Sharing. (2008). Nitschka, Thomas ; Hoffmann, Mathias.
    In: IEW - Working Papers.
    RePEc:zur:iewwpx:376.

    Full description at Econpapers || Download paper

  43. The Impact of the Euro on International Stability and Volatility. (2008). Hoffmann, Mathias ; Gerlach, Stefan.
    In: European Economy - Economic Papers 2008 - 2015.
    RePEc:euf:ecopap:0309.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-29 23:43:01 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.