Arbeitspapier
Consumption Smoothing Across States and Time: International Insurance vs. Foreign Loans
When countries, and macroeconomic models, open up to international capital markets, the welfare gains available through completion of financial markets for contingencies potentially are much greater than those available from access to noncontingent international borrowing. Intercasual insurance, reducing exposure to differences in contingent future cases, and not intertemporal smoothing between now and then is the big story in open economies although the two must be told together.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper Series 1 ; No. 2004,13
- Klassifikation
-
Wirtschaft
Financial Aspects of Economic Integration
Insurance; Insurance Companies; Actuarial Studies
Macroeconomics: Consumption; Saving; Wealth
- Thema
-
Consumption Smoothing
International Economic Insurance
Arrow-Debreu Securities
Foreign Loans
International Risk Sharing
Versicherung
international
Internationale Anleihe
Gesamtwirtschaftlicher Konsum
Zeitpräferenz
Risiko
Wohlfahrtseffekt
Theorie
Schätzung
Welt
risk sharing
- Ereignis
-
Geistige Schöpfung
- (wer)
-
von Furstenberg, George M.
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- von Furstenberg, George M.
- Deutsche Bundesbank
Entstanden
- 2004
Ähnliche Objekte (12)
The role of non-performing loans for bank lending rates
Monetary policy effects on bank loans in Germany: A panel-econometric analysis
Performance and regulatory effects of non-compliant loans in German synthetic mortgage-backed securities transactions
Systemic risk buffer and residential real estate loans: The steering effect of sectoral buffer application
Systemic risk buffer and residential real estate loans : the steering effect of sectoral buffer application
Which banks are more risky? The impact of loan growth and business model on bank risk-taking
Bank-related loan supply factors during the crisis: An analysis based on the German bank lending survey
Consumption smoothing across states and time : international insurance vs. foreign loans
The impact of interest rates on private consumption in Germany
Determinants of European banks' engagement in loan securitization
Sector concentration in loan portfolios and economic capital
Evaluation of minimum capital requirements for bank loans to SMEs
The role of non-performing loans for bank lending rates
Monetary policy effects on bank loans in Germany: A panel-econometric analysis
Performance and regulatory effects of non-compliant loans in German synthetic mortgage-backed securities transactions
Systemic risk buffer and residential real estate loans: The steering effect of sectoral buffer application
Systemic risk buffer and residential real estate loans : the steering effect of sectoral buffer application
Which banks are more risky? The impact of loan growth and business model on bank risk-taking
Bank-related loan supply factors during the crisis: An analysis based on the German bank lending survey
Consumption smoothing across states and time : international insurance vs. foreign loans
The impact of interest rates on private consumption in Germany
Determinants of European banks' engagement in loan securitization
Sector concentration in loan portfolios and economic capital
Evaluation of minimum capital requirements for bank loans to SMEs
The role of non-performing loans for bank lending rates
Monetary policy effects on bank loans in Germany: A panel-econometric analysis
Performance and regulatory effects of non-compliant loans in German synthetic mortgage-backed securities transactions
Systemic risk buffer and residential real estate loans: The steering effect of sectoral buffer application
Systemic risk buffer and residential real estate loans : the steering effect of sectoral buffer application
Which banks are more risky? The impact of loan growth and business model on bank risk-taking
Bank-related loan supply factors during the crisis: An analysis based on the German bank lending survey
Consumption smoothing across states and time : international insurance vs. foreign loans
The impact of interest rates on private consumption in Germany
Determinants of European banks' engagement in loan securitization
Sector concentration in loan portfolios and economic capital