A wavelet analysis of international risk-sharing

被引：5
|
作者：
Trezzi, Riccardo [1 ]
机构：
[1] Univ Cambridge, Fac Econ, Cambridge, England
来源：
ECONOMICS LETTERS | 2013年 / 118卷 / 02期
关键词：
Backus-Smith puzzle; Wavelet coherency; Time-frequency domain; REAL EXCHANGE-RATES; NONTRADED GOODS; CONSUMPTION;
D O I：
10.1016/j.econlet.2012.11.025
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
I analyze the perfect risk-sharing condition in the time-frequency domain using wavelets. Some countries engage more in risk-sharing at specific frequencies while others at all frequencies, but only for a short period of time. Increasing degree of risk-sharing over time is visible only for the UK and the US and only at low frequencies. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码：330 / 333
页数：4
相关论文
共 50 条
  • [41] The structure of risk-sharing networks
    Henderson, Heath
    Alam, Arnob
    [J]. EMPIRICAL ECONOMICS, 2022, 62 (02) : 853 - 886
  • [42] The role of risk-sharing arrangements
    Broskowski, A
    [J]. BEHAVIORAL HEALTHCARE TOMORROW, 1997, 6 (01): : A2 - A5
  • [43] Consumption risk-sharing in Italy
    Scorcu, AE
    [J]. APPLIED ECONOMICS, 1998, 30 (03) : 407 - 414
  • [44] Social security and institutions for intergenerational, intragenerational, and international risk-sharing - A comment
    Jermann, UJ
    [J]. CARNEGIE-ROCHESTER CONFERENCE SERIES ON PUBLIC POLICY, VOL 50, JUNE 1999, 1999, 50 : 205 - 212
  • [45] Performance-Based Risk-Sharing Arrangements: An Updated International Review
    Josh J. Carlson
    Shuxian Chen
    Louis P. Garrison
    [J]. PharmacoEconomics, 2017, 35 : 1063 - 1072
  • [46] Household risk-sharing channels
    Asdrubali, Pierfederico
    Tedeschi, Simone
    Ventura, Luigi
    [J]. QUANTITATIVE ECONOMICS, 2020, 11 (03) : 1109 - 1142
  • [47] From Russia with love: International risk-sharing, sanctions, and firm investments
    Duong, Kiet Tuan
    Huynh, Luu Duc Toan
    Phan, Anh Dang Bao
    Vu, Nam T.
    [J]. ECONOMICS LETTERS, 2024, 244
  • [48] Equilibrium in risk-sharing games
    Anthropelos, Michail
    Kardaras, Constantinos
    [J]. FINANCE AND STOCHASTICS, 2017, 21 (03) : 815 - 865
  • [49] RISK-SHARING, ADJUSTMENT, AND TRADE
    DIXIT, A
    ROB, R
    [J]. JOURNAL OF INTERNATIONAL ECONOMICS, 1994, 36 (3-4) : 263 - 287
  • [50] Consumption risk-sharing in China
    Xu, Xinpeng
    [J]. ECONOMICA, 2008, 75 (298) : 326 - 341
12345