Title:International Consumption Risk Sharing
Author(s):CANOVA, Fabio; RAVN, Morten O.Date:1996Type of Publication:ArticleAbstract:This paper formally examines the implications of international consumption risk sharing for a panel of industrialized countries. We theoretically derive the international consumption insurance proposition in a simple setup ...
Title:Growth, Human-Capital Spillovers and International-Policy Coordination
Author(s):BLACKBURN, Keith; RAVN, Morten O.Date:1993Type of Publication:ArticleAbstract:The paper is concerned with public policy and economic development in a world of interdependent economies. Its objective is to show how the international coordination of economic policy is a means of promoting growth across ...