 | International Risk Sharing During the Globalization Era Author/Editor: Akito Matsumoto, Robert P. Flood, Nancy P. Marion. Release Date:September, 2009 Though theory suggests financial globalization should improve international risk sharing, empirical support has been limited. We develop a simple welfare-based measure that captures how far countries more...
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|  | IMF Staff Papers, Volume 51, Special Issue, IMF Fourth Annual Research Conference Author/Editor: Ashoka Mody, Robert P Flood. Release Date:June, 2004 This is the 2004 (Volume 51) Special Issue of IMF Staff Papers, which includes 6 selected papers (from more than 20) that were presented at the IMF's Fourth Annual Research Conference, November 6-7, more...
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|  | IMF Staff Papers, Volume 50, Special Issue, IMF Third Annual Research Conference Author/Editor: Robert P Flood. Release Date:August, 2003 The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The more...
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