Assuntos Econômicos
International Risk Sharing and Wealth Allocation with Higher Order Cumulants (Corsetti et al.)
out 11, 2025, 9:38 AM 0
International Risk Sharing and Wealth Allocation with Higher Order Cumulants by Giancarlo Corsetti, Anna Lipińska, Giovanni Lombardo published by BIS (9/2025). We study international risk sharing across countries differing in size, openness, and productivity distributions, emphasizing fat tails. In…