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
Englisch

Bibliographic citation
Series: Working Paper ; No. 0917

Classification
Wirtschaft
International Finance: General
Public Economics: General
Subject
Government Size
International Risk Sharing
Öffentlicher Sektor
Gesamtwirtschaftliche Produktion
Kapitalmarktregulierung
Marktintegration
OECD-Staaten

Event
Geistige Schöpfung
(who)
Leibrecht, Markus
Scharler, Johann
Event
Veröffentlichung
(who)
Johannes Kepler University of Linz, Department of Economics
(where)
Linz
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Leibrecht, Markus
  • Scharler, Johann
  • Johannes Kepler University of Linz, Department of Economics

Time of origin

  • 2009

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