Arbeitspapier
Government Size and International Consumption Risk Sharing
We investigate the influence of government size on the exposure of consumption growth to country-specific fluctuations in output growth using a sample of OECD countries. To the extent that governments are less constrained on international financial markets, it appears conceivable that governments diversify risks interna- tionally on behalf of agents. Our results indicate that the extent of international risk sharing is unrelated to the size of the public sector.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 0917
- Classification
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Wirtschaft
International Finance: General
Public Economics: General
- Subject
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Government Size
International Risk Sharing
Öffentlicher Sektor
Gesamtwirtschaftliche Produktion
Kapitalmarktregulierung
Marktintegration
OECD-Staaten
- Event
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Geistige Schöpfung
- (who)
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Leibrecht, Markus
Scharler, Johann
- Event
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Veröffentlichung
- (who)
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Johannes Kepler University of Linz, Department of Economics
- (where)
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Linz
- (when)
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2009
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Leibrecht, Markus
- Scharler, Johann
- Johannes Kepler University of Linz, Department of Economics
Time of origin
- 2009