Title: Risk-sharing among European Countries
Publisher: Publications Office of the European Union
Publication Year: 2017
JRC N°: JRC109598
ISBN: 978-92-79-77063-0
ISSN: 1831-9424
Other Identifiers: EUR 28934 EN
OP KJ-NA-28934-EN-N
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC109598
DOI: 10.2760/028526
Type: EUR - Scientific and Technical Research Reports
Abstract: This technical report details the results of risk sharing in the EU country by country. The great recession and the subsequent sovereign debt crisis in Europe have shown an asymmetric behavior of the different member countries of the EU, also with regards of risk sharing. We provide country specific measures decomposing risk sharing as that obtained via the capital markets, international transfers and savings or the credit markets channel. Afterwords, we use a mean group estimator to measure average risk sharing for the group of countries. This can help to identify where risk sharing is working and through which channels.
JRC Directorate:Growth and Innovation

Files in This Item:
File Description SizeFormat 
jrc109598_report_risk_sharing_fimmint2_final.pdf427.61 kBAdobe PDFView/Open

Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.