Why don't we observe improvements in consumption smoothing as countries get more financially integrated: Bridging theory and empirics

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 100
Issue: 2
Pages: 169-172

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This study provides suggestive theoretical and empirical evidence that the productivity shock correlation between a country and the rest of the world may help explain why we do not observe more consumption smoothing as countries have become more financially liberalized.

Technical Details

RePEc Handle
repec:eee:ecolet:v:100:y:2008:i:2:p:169-172
Journal Field
General
Author Count
1
Added to Database
2026-01-25