US Interstate Risk Sharing: A Post-Crisis ...
Document type :
Article dans une revue scientifique
DOI :
Title :
US Interstate Risk Sharing: A Post-Crisis Examination
Author(s) :
Duwicquet, Vincent [Auteur]
Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 [CLERSÉ]
Farvaque, Etienne [Auteur]
Lille économie management - UMR 9221 [LEM]

Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 [CLERSÉ]
Farvaque, Etienne [Auteur]

Lille économie management - UMR 9221 [LEM]
Journal title :
Pacific Economic Review
Publisher :
Wiley
Publication date :
2016-06-22
ISSN :
1361-374X
English keyword(s) :
risk sharing
united states
united states
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
This paper examines the modalities of risk sharing in the United States, and their evolution between the pre-financial crisis period and the post-crisis one. Reassessing the mechanisms at play in the US economy, we document ...
Show more >This paper examines the modalities of risk sharing in the United States, and their evolution between the pre-financial crisis period and the post-crisis one. Reassessing the mechanisms at play in the US economy, we document a lower share of adjustment coming from capital markets, in comparison to previous estimates. The measures taken during the crisis have not impacted the absolute degree of risk sharing, although the relative size of its components has changed, with a stronger role for the federal government.Show less >
Show more >This paper examines the modalities of risk sharing in the United States, and their evolution between the pre-financial crisis period and the post-crisis one. Reassessing the mechanisms at play in the US economy, we document a lower share of adjustment coming from capital markets, in comparison to previous estimates. The measures taken during the crisis have not impacted the absolute degree of risk sharing, although the relative size of its components has changed, with a stronger role for the federal government.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
Collections :
Source :