NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

International Risk Sharing in the Short Run and in the Long Run

Marianne Baxter

NBER Working Paper No. 16789
Issued in February 2011

---- Acknowledgements -----

I am grateful for stellar research assistance from Hirozaku Ishise and Timothy Layton. Helpful comments were provided by Akito Matsumoto, participants in the CEPR Conference on International Risk-Sharing, seminar participants at the Federal Reserve Bank of Boston, the Federal Reserve Bank of New York and the members of the NBER IFM group. Remaining errors are my own. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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