메뉴 건너뛰기




Volumn 83, Issue 4, 2001, Pages 688-698

Risk sharing within the united states: What do financial markets and fiscal federalism accomplish?

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0035639471     PISSN: 00346535     EISSN: None     Source Type: Journal    
DOI: 10.1162/003465301753237768     Document Type: Article
Times cited : (61)

References (37)
  • 1
    • 0038877944 scopus 로고    scopus 로고
    • Channels of interstate risk sharing: United States 1963-1990
    • Asdrubali, P., B. E. Sorensen, and O. Yosha, "Channels of Interstate Risk sharing: United States 1963-1990," Quarterly Journal of Economics 111:4 (1996), 1081-1110.
    • (1996) Quarterly Journal of Economics , vol.111 , Issue.4 , pp. 1081-1110
    • Asdrubali, P.1    Sorensen, B.E.2    Yosha, O.3
  • 4
    • 0000524816 scopus 로고
    • Do private capital markets insure regional risk? evidence from the United States and Europe
    • Atkeson, A., and T. Bayoumi, "Do Private Capital Markets Insure Regional Risk? Evidence from the United States and Europe," Open Economies Review 4:3 (1993), 303-324.
    • (1993) Open Economies Review , vol.4 , Issue.3 , pp. 303-324
    • Atkeson, A.1    Bayoumi, T.2
  • 7
    • 0026465212 scopus 로고
    • Convergence
    • _, "Convergence," Journal of Political Economy 100:2 (1992a), 223-251.
    • (1992) Journal of Political Economy , vol.100 , Issue.2 , pp. 223-251
  • 8
    • 0027019642 scopus 로고
    • Regional growth and migration: A Japan-United States comparison
    • _, "Regional Growth and Migration: A Japan-United States Comparison," Journal of the Japanese and International Economies 6:4 (1992b), 312-346.
    • (1992) Journal of the Japanese and International Economies , vol.6 , Issue.4 , pp. 312-346
  • 9
    • 0003983601 scopus 로고
    • New York: McGraw-Hill
    • _, Economic Growth, (New York: McGraw-Hill, 1995).
    • (1995) Economic Growth
  • 10
    • 0039286560 scopus 로고    scopus 로고
    • A provincial view of economic integration
    • Bayoumi, T., and M. W. Klein, "A Provincial View of Economic Integration," IMF Staff Papers 44:4 (1997), 534-556.
    • (1997) IMF Staff Papers , vol.44 , Issue.4 , pp. 534-556
    • Bayoumi, T.1    Klein, M.W.2
  • 11
    • 0028793077 scopus 로고
    • Fiscal flows in the United States and Canada: Lessons for monetary union in Europe
    • Sayoumi, T., and P. R. Masson, "Fiscal Flows in the United States and Canada: Lessons for Monetary Union in Europe," European Economic Review 39:2 (1995), 253-274.
    • (1995) European Economic Review , vol.39 , Issue.2 , pp. 253-274
    • Sayoumi, T.1    Masson, P.R.2
  • 13
    • 0000771587 scopus 로고
    • A simple test of full consumption insurance
    • Cochrane, J., "A Simple Test of Full Consumption Insurance," Journal of Political Economy 99:5 (1991), 957-976.
    • (1991) Journal of Political Economy , vol.99 , Issue.5 , pp. 957-976
    • Cochrane, J.1
  • 14
    • 0007884883 scopus 로고    scopus 로고
    • Home bias at home: Local equity preference in domestic portfolios
    • Coval, J. D., and T. Moskowitz, "Home Bias at Home: Local Equity Preference in Domestic Portfolios," Journal of Finance 54:6 (1999), 2045-2073.
    • (1999) Journal of Finance , vol.54 , Issue.6 , pp. 2045-2073
    • Coval, J.D.1    Moskowitz, T.2
  • 15
    • 0033424194 scopus 로고    scopus 로고
    • On international and national dimensions of risksharing
    • Crucini, M., "On International and National Dimensions of Risksharing," this REVIEW 81:1 (1999), 73-84.
    • (1999) Review , vol.81 , Issue.1 , pp. 73-84
    • Crucini, M.1
  • 16
    • 0042109658 scopus 로고    scopus 로고
    • International and intranational risksharing
    • G. Hess and E. van Wincoop (Eds.), Cambridge: Cambridge University Press
    • Crucini, M., and G. Hess, "International and Intranational Risksharing" (pp. 37-59), in G. Hess and E. van Wincoop (Eds.), Intranational Macroeconomics (Cambridge: Cambridge University Press, 2000).
    • (2000) Intranational Macroeconomics , pp. 37-59
    • Crucini, M.1    Hess, G.2
  • 17
    • 0040564622 scopus 로고    scopus 로고
    • Aggregate risksharing across U.S. States
    • Del Negro, M., "Aggregate Risksharing Across U.S. States," ITAM working paper (1997).
    • (1997) ITAM Working Paper
    • Del Negro, M.1
  • 19
    • 8344287983 scopus 로고
    • Good policy or good luck? country growth performance and temporary shocks
    • Easterly, W., M. Kremer, L. Pritchett, and L. H. Summers, "Good Policy or Good Luck? Country Growth performance and Temporary Shocks," Journal of Monetary Economics 32:3 (1993), 459-484.
    • (1993) Journal of Monetary Economics , vol.32 , Issue.3 , pp. 459-484
    • Easterly, W.1    Kremer, M.2    Pritchett, L.3    Summers, L.H.4
  • 20
    • 0006112080 scopus 로고
    • Labor markets and European monetary unification
    • P. R. Masson and M. P. Taylor (Eds.), Cambridge: Cambridge University Press
    • Eichengreen, B., "Labor Markets and European Monetary Unification," (pp. 130-162), in: P. R. Masson and M. P. Taylor (Eds.), Policy Issues in the Operation of Currency Unions, (Cambridge: Cambridge University Press, 1993).
    • (1993) Policy Issues in the Operation of Currency Unions , pp. 130-162
    • Eichengreen, B.1
  • 21
    • 0000906503 scopus 로고    scopus 로고
    • Intranational business cycles in the United States
    • Hess, G. D., and K. Shin, "Intranational Business Cycles in the United States," Journal of International Economics 44:2 (1998), 289-313.
    • (1998) Journal of International Economics , vol.44 , Issue.2 , pp. 289-313
    • Hess, G.D.1    Shin, K.2
  • 22
    • 0007931054 scopus 로고    scopus 로고
    • Risk sharing by households within and across regions and industries
    • _, "Risk Sharing by Households Within and Across Regions and Industries," Journal of Monetary Economics 45:3 (2000), 533-560.
    • (2000) Journal of Monetary Economics , vol.45 , Issue.3 , pp. 533-560
  • 25
    • 0009921139 scopus 로고    scopus 로고
    • Home bias in equity markets: International and intranational evidence
    • G. Hess and E. van Wincoop (Eds.), Cambridge: Cambridge University Press
    • _, "Home Bias in Equity Markets: International and Intranational Evidence," (pp. 76-91), in G. Hess and E. van Wincoop (Eds.), Intranational Macroeconomics (Cambridge: Cambridge University Press, 1999).
    • (1999) Intranational Macroeconomics , pp. 76-91
  • 26
    • 0004046256 scopus 로고    scopus 로고
    • Regional redistribution and stabilization by the center in Canada, France, the UK and the US: New estimates based on panel data econometrics
    • Melitz, J., and F. Zumer, "Regional Redistribution and Stabilization by the Center in Canada, France, the UK and the US: New Estimates Based on Panel Data Econometrics," CEPR discussion paper no. 1829 (1998).
    • (1998) CEPR Discussion Paper No. 1829 , vol.1829
    • Melitz, J.1    Zumer, F.2
  • 27
    • 0001243818 scopus 로고    scopus 로고
    • Interregional and international risksharing and lessons for EMU
    • _, "Interregional and International Risksharing and Lessons for EMU," Carnegie-Rochester Series on Public Policy 51 (1999), 149-188.
    • (1999) Carnegie-rochester Series on Public Policy , vol.51 , pp. 149-188
  • 28
    • 0002370268 scopus 로고
    • How does public infrastructure affect regional economic performance?
    • Munnell, A. Boston: Federal Reserve Bank of Boston
    • Munnell, A., "How Does Public Infrastructure Affect Regional Economic Performance?" (pp. 69-103), in Munnell, A. (Ed.), Is There a Shortfall in Public Capital Investment? (Boston: Federal Reserve Bank of Boston, 1990).
    • (1990) Is There a Shortfall in Public Capital Investment? , pp. 69-103
    • Munnell, A.1
  • 29
    • 0001164866 scopus 로고
    • Economic growth: Cross-sectional regressions and the empirics of economic growth
    • Sala-I-Martin, X., "Economic Growth: Cross-Sectional Regressions and the Empirics of Economic Growth," European Economic Review 38:3-4 (1994), 739-747.
    • (1994) European Economic Review , vol.38 , Issue.3-4 , pp. 739-747
    • Sala-I-Martin, X.1
  • 30
    • 0001926610 scopus 로고
    • Fiscal federalism and optimum currency areas: Evidence for Europe from the United States
    • M. Canzoneri, P. Masson, and V. Grilli Eds., London: Cambridge University Press
    • Sala-i-Martin, X., and J. Sachs, "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe from the United States," (pp. 195-219 in M. Canzoneri, P. Masson, and V. Grilli (Eds.), Establishing a Central Bank: Issues in Europe and Lessons from the US, (London: Cambridge University Press, 1992).
    • (1992) Establishing a Central Bank: Issues in Europe and Lessons from the US , pp. 195-219
    • Sala-I-Martin, X.1    Sachs, J.2
  • 31
    • 0009920534 scopus 로고    scopus 로고
    • Workers put too much in their employer's stock
    • September 13, sec. 3
    • Schultz, E., "Workers Put Too Much in Their Employer's Stock," Wall Street Journal (September 13, 1996), sec. 3, p. 1.
    • (1996) Wall Street Journal , pp. 1
    • Schultz, E.1
  • 33
    • 0000890517 scopus 로고
    • Tastes and technology in a two-country model of the business cycle: Explaining international co-movements
    • Stockman, A. C., and L. Tesar, "Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Co-Movements," American Economic Review 85:1 (1995), 168-185.
    • (1995) American Economic Review , vol.85 , Issue.1 , pp. 168-185
    • Stockman, A.C.1    Tesar, L.2
  • 35
    • 0000510157 scopus 로고    scopus 로고
    • How big are potential welfare gains from international risksharing?
    • _, "How Big are Potential Welfare Gains from International Risksharing?" Journal of International Economics 47:1 (1999), 109-135.
    • (1999) Journal of International Economics , vol.47 , Issue.1 , pp. 109-135
  • 37
    • 0042109658 scopus 로고    scopus 로고
    • Fiscal policy and intranational risksharing
    • G. Hess and E. van Wincoop (Eds), Cambridge: Cambridge University Press
    • _, "Fiscal Policy and Intranational Risksharing," (pp. 272-294), in G. Hess and E. van Wincoop (Eds), Intranational Macroeconomics, (Cambridge: Cambridge University Press, 2000).
    • (2000) Intranational Macroeconomics , pp. 272-294


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.