Consumption smoothing across states and time : international insurance vs. foreign loans /

Bibliographic Details
Main Author: Von Furstenberg, George M., 1941-
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2004
Series:Discussion paper (Deutsche Bundesbank) Series 1: Studies of the Economic Research Centre no. 13/2004
Subjects:
Online Access:http://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2004/2004_07_08_dkp_13.pdf?__blob=publicationFile
Table of Contents:
  • 1. Introduction
  • 2. An overview of diverse modeling assumptions used in past results
  • 3. Welfare gains from riskless international credit compared with insurance
  • 4. Financial synergies: enhancing insurance opportunities through credit
  • 5. Conclusions and policy extensions
  • References
  • Appendix.