Financial Integration in Asia: Estimating the Risk-Sharing Gains for Australia and Other Nations
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Obstfeld, Maurice, 1994.
"Evaluating risky consumption paths: The role of intertemporal substitutability,"
European Economic Review, Elsevier, vol. 38(7), pages 1471-1486, August.
- Maurice Obstfeld, 1995. "Evaluating Risky Consumption Paths: The Role of Intertemporal Substitutability," NBER Technical Working Papers 0120, National Bureau of Economic Research, Inc.
- van Wincoop, Eric, 1999.
"How big are potential welfare gains from international risksharing?,"
Journal of International Economics, Elsevier, vol. 47(1), pages 109-135, February.
- Eric Van Wincoop, 1998. "How big are potential welfare gains from international risksharing?," Staff Reports 37, Federal Reserve Bank of New York.
- Jacques Miniane, 2004. "A New Set of Measures on Capital Account Restrictions," IMF Staff Papers, Palgrave Macmillan, vol. 51(2), pages 1-4.
- Lewis, Karen K., 2000. "Why do stocks and consumption imply such different gains from international risk sharing?," Journal of International Economics, Elsevier, vol. 52(1), pages 1-35, October.
- Keith Sill, 2001. "The gains from international risk-sharing," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 23-32.
- Pesenti, Paolo & van Wincoop, Eric, 2002. "Can Nontradables Generate Substantial Home Bias?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 34(1), pages 25-50, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, April.
- Ventura, Luigi, 2008. "Risk sharing opportunities and macroeconomic factors in Latin American and Caribbean countries : A consumption insurance assessment," Policy Research Working Paper Series 4490, The World Bank.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Lee, Junyong & Lee, Kyounghun & Oh, Frederick Dongchuhl, 2023. "International portfolio diversification and the home bias puzzle," Research in International Business and Finance, Elsevier, vol. 64(C).
- Marta Arespa, 2015. "Endogenous Home Bias in Portfolio Diversification and Firms’ Entry," Review of International Economics, Wiley Blackwell, vol. 23(1), pages 14-44, February.
- Castro, Rui & Koumtingué, Nelnan, 2014.
"On the individual optimality of economic integration,"
Journal of Monetary Economics, Elsevier, vol. 68(C), pages 115-135.
- CASTRO, Rui & KOUMTINGUÉ, Nelnan, 2011. "On the Individual Optimality of Economic Integration," Cahiers de recherche 2011-04, Universite de Montreal, Departement de sciences economiques.
- Rui CASTRO & Nelnan KOUMTINGUÉ, 2014. "On the Individual Optimality of Economic Integration," Cahiers de recherche 05r-2011, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- CASTRO, Rui & KOUMTINGUÉ, Nelnan, 2014. "On the individual optimality of economic integration," Cahiers de recherche 2014-07, Universite de Montreal, Departement de sciences economiques.
- CASTRO, Rui & KOUMTINGUÉ, Nelnan, 2011. "On the Individual Optimality of Economic Integration," Cahiers de recherche 05-2011, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- CASTRO, Rui & KOUMTINGUÉ, Nelnan, 2015. "On the individual optimality of economic integration," Cahiers de recherche 2015-07, Universite de Montreal, Departement de sciences economiques.
- Nicolas Coeurdacier & Hélène Rey, 2013.
"Home Bias in Open Economy Financial Macroeconomics,"
Journal of Economic Literature, American Economic Association, vol. 51(1), pages 63-115, March.
- Nicolas Coeurdacier & Hélène Rey, 2010. "Home bias in open economy financial macroeconomics," SciencePo Working papers Main hal-01069440, HAL.
- Nicolas Coeurdacier & Hélène Rey, 2013. "Home Bias in Open Economy Financial Macroeconomics," Post-Print hal-03473901, HAL.
- Nicolas Coeurdacier & Hélène Rey, 2010. "Home bias in open economy financial macroeconomics," Working Papers hal-01069440, HAL.
- Rey, Hélène & Coeurdacier, Nicolas, 2012. "Home Bias in Open Economy Financial Macroeconomics," CEPR Discussion Papers 8746, C.E.P.R. Discussion Papers.
- Nicolas Coeurdacier & Hélène Rey, 2011. "Home Bias in Open Economy Financial Macroeconomics," NBER Working Papers 17691, National Bureau of Economic Research, Inc.
- Nicolas Coeurdacier & Hélène Rey, 2013. "Home Bias in Open Economy Financial Macroeconomics," SciencePo Working papers Main hal-03473901, HAL.
- repec:hal:wpspec:info:hdl:2441/c8dmi8nm4pdjkuc9g81p7j6b6 is not listed on IDEAS
- repec:hal:spmain:info:hdl:2441/c8dmi8nm4pdjkuc9g81p7j6b6 is not listed on IDEAS
- Callen, Michael & Imbs, Jean & Mauro, Paolo, 2015.
"Pooling risk among countries,"
Journal of International Economics, Elsevier, vol. 96(1), pages 88-99.
- Imbs, Jean & Mauro, Paolo, 2007. "Pooling Risk Among Countries," CEPR Discussion Papers 6461, C.E.P.R. Discussion Papers.
- Michael Callen & Jean Imbs & Paolo Mauro, 2015. "Pooling risk among countries," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01301583, HAL.
- Michael Callen & Jean Imbs & Paolo Mauro, 2015. "Pooling risk among countries," PSE-Ecole d'économie de Paris (Postprint) hal-01301583, HAL.
- Michael Callen & Jean Imbs & Paolo Mauro, 2015. "Pooling risk among countries," Post-Print hal-01301583, HAL.
- Mr. Jean Imbs & Mr. Paolo Mauro, 2007. "Pooling Risk Among Countries," IMF Working Papers 2007/132, International Monetary Fund.
- Callen, Mike & Imbs, Jean & Mauro, Paolo, 2015. "Pooling risk among countries," LSE Research Online Documents on Economics 102909, London School of Economics and Political Science, LSE Library.
- Coeurdacier, Nicolas & Rey, Hélène & Winant, Pablo, 2020.
"Financial integration and growth in a risky world,"
Journal of Monetary Economics, Elsevier, vol. 112(C), pages 1-21.
- Rey, Hélène & Coeurdacier, Nicolas & Winant, Pablo, 2015. "Financial Integration and Growth in a Risky World," CEPR Discussion Papers 11009, C.E.P.R. Discussion Papers.
- Nicolas Coeurdacier & Hélène Rey & Pablo Winant, 2020. "Financial Integration and Growth in a Risky World," SciencePo Working papers Main hal-03799686, HAL.
- Nicolas Coeurdacier & Hélène Rey & Pablo Winant, 2015. "Financial Integration and Growth in a Risky World," NBER Working Papers 21817, National Bureau of Economic Research, Inc.
- Nicolas Coeurdacier & Hélène Rey & Pablo Winant, 2020. "Financial Integration and Growth in a Risky World," Post-Print hal-03799686, HAL.
- repec:spo:wpecon:info:hdl:2441/c8dmi8nm4pdjkuc9g81p7j6b6 is not listed on IDEAS
- Karen K. Lewis & Edith X. Liu, 2012.
"International Consumption Risk Is Shared After All: An Asset Return View,"
NBER Working Papers
17872, National Bureau of Economic Research, Inc.
- Edith Liu & Karen Lewis, 2012. "International Consumption Risk Is Shared After All: An Asset Return View," 2012 Meeting Papers 643, Society for Economic Dynamics.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2013.
"Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007,"
Working Papers
2014-38, Federal Reserve Bank of St. Louis.
- Paulina Restrepo-Echavarria & Mark Wright & Lee Ohanian, 2015. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," 2015 Meeting Papers 1377, Society for Economic Dynamics.
- Nicolas Coeurdacier & Hélène Rey, 2013. "Home Bias in Open Economy Financial Macroeconomics," SciencePo Working papers hal-03473901, HAL.
- Nicolas Coeurdacier & Hélène Rey, 2010. "Home bias in open economy financial macroeconomics," SciencePo Working papers hal-01069440, HAL.
- William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, April.
- repec:hal:spmain:info:hdl:2441/1shj1p7td8e0r5c9fcsnk8a91 is not listed on IDEAS
- International Monetary Fund, 2005. "Australia: Selected Issues," IMF Staff Country Reports 2005/330, International Monetary Fund.
- repec:spo:wpmain:info:hdl:2441/1shj1p7td8e0r5c9fcsnk8a91 is not listed on IDEAS
- repec:spo:wpmain:info:hdl:2441/c8dmi8nm4pdjkuc9g81p7j6b6 is not listed on IDEAS
- Auffret, Philippe, 2001. "An alternative unifying measure of welfare gains from risk-sharing," Policy Research Working Paper Series 2676, The World Bank.
- Coeurdacier, Nicolas, 2009.
"Do trade costs in goods market lead to home bias in equities?,"
Journal of International Economics, Elsevier, vol. 77(1), pages 86-100, February.
- Nicolas Coeurdacier, 2006. "Do trade costs in goods market lead to home bias in equities?," 2006 Meeting Papers 111, Society for Economic Dynamics.
- Nicolas Coeurdacier, 2009. "Do trade costs in goods market lead to home bias in equities?," Post-Print hal-03602479, HAL.
- Coeurdacier, Nicolas, 2006. "Do Trade Costs in Goods Market Lead to Home Bias in Equities?," ESSEC Working Papers DR 06011, ESSEC Research Center, ESSEC Business School.
- Coeurdacier, Nicolas, 2008. "Do Trade Costs in Goods Market Lead to Home Bias in Equities?," CEPR Discussion Papers 6991, C.E.P.R. Discussion Papers.
- Kose, M. Ayhan & Prasad, Eswar & Rogoff, Kenneth & Wei, Shang-Jin, 2010.
"Financial Globalization and Economic Policies,"
Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4283-4359,
Elsevier.
- Kose, M. Ayhan & Prasad, Eswar & Rogoff, Kenneth & Wei, Shang-Jin, 2009. "Financial Globalization and Economic Policies," IZA Discussion Papers 4037, Institute of Labor Economics (IZA).
- Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
- Peter Henry, 2007. "Capital Account Liberalization: Theory, Evidence, and Speculation," Discussion Papers 07-004, Stanford Institute for Economic Policy Research.
- Kim, Jinill & Kim, Sunghyun Henry & Levin, Andrew, 2003.
"Patience, persistence, and welfare costs of incomplete markets in open economies,"
Journal of International Economics, Elsevier, vol. 61(2), pages 385-396, December.
- Jinill Kim & Sunghyun Henry Kim & Andrew T. Levin, 2001. "Patience, persistence and welfare costs of incomplete markets in open economies," International Finance Discussion Papers 696, Board of Governors of the Federal Reserve System (U.S.).
- Jinill Kim, Sunghyun Kim, and Andrew Levin, 2001. "Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies," Computing in Economics and Finance 2001 7, Society for Computational Economics.
- Suzuki, Yui, 2014. "Financial integration and consumption risk sharing and smoothing," International Review of Economics & Finance, Elsevier, vol. 29(C), pages 585-598.
- Athanasoulis, Stefano G. & van Wincoop, Eric, 2000.
"Growth uncertainty and risksharing,"
Journal of Monetary Economics, Elsevier, vol. 45(3), pages 477-505, June.
- Stefano ATHANASOULIS & Eric VAN WINCOOP, 1997. "Growth Uncertainty And Risksharing," Economic Report 41, Iowa State University Department of Economics.
- Stefano Athanasoulis & Eric Van Wincoop, 1997. "Growth uncertainty and risksharing," Staff Reports 30, Federal Reserve Bank of New York.
- Stéphane Pallage & Michel A. Robe & Catherine Bérubé, 2006.
"The Potential of Foreign Aid as Insurance,"
IMF Staff Papers, Palgrave Macmillan, vol. 53(3), pages 1-5.
- Stéphane Pallage & Michel A. Robe & Catherine Bérubé, 2004. "On the Potential of Foreign Aid as Insurance," Cahiers de recherche 0404, CIRPEE.
More about this item
Keywords
WP; gain; welfare gain; investor;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2006/267. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.