Government Size and International Consumption Risk Sharing

Markus Leibrecht; Johann Scharler

Government Size and International Consumption Risk Sharing

Markus Leibrecht, Johann Scharler

Department of Economics (Sausgruber)

Publication: Working/Discussion Paper › Working Paper/Preprint

Abstract

We investigate the influence of government size on the exposure of consumption growth to country-specific fluctuations in output growth using a sample of OECD
countries. To the extent that governments are less constrained on international financial markets, it appears conceivable that governments diversify risks internationally on behalf of agents. Our results indicate that the extent of international risk sharing is unrelated to the size of the public sector.

Original language	English
Publication status	Published - 1 Nov 2009

Publication series

Series	Department of Economics Working Papers, Johannes Kepler University of Linz
Number	0917

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University Library Catalogue

Cite this

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Government Size and International Consumption Risk Sharing

Abstract

Publication series

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Other files and links

F2013: Linking Infrastructure and Taxes as Determinants of Multinational Activity: An Empirical Study of Foreign Direct Investment in Central and Eastern European Countries

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Government Size and International Consumption Risk Sharing

Abstract

Publication series

Check availability

Other files and links

Projects

F2013: Linking Infrastructure and Taxes as Determinants of Multinational Activity: An Empirical Study of Foreign Direct Investment in Central and Eastern European Countries

Cite this