Risk sharing in Europe: new empirical evidence on the capital markets channel
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DOI: 10.1080/00036846.2020.1804052
Abstract: ABSTRACT This paper assesses the effectiveness of risk sharing mechanisms in Europe by breaking down the factor income components into their sub-components, and aims to further examine whether financial integration and international portfolio diversification boosts… read more here.
Keywords: risk sharing; risk; channel risk; new empirical ... See more keywords