Assuntos Econômicos
International Risk Sharing and Wealth Allocation with Higher Order Cumulants (Corsetti et al.)
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…
