Consumption volatility and financial openness
نویسندگان
چکیده
منابع مشابه
Consumption Volatility and Financial Openness
Economic theory predicts that the integration of financial markets lowers the volatility of consumption. In this paper, we study long-term trends in the consumption volatility of the G7 countries. Using different measures of financial openness, we find some evidence that greater financial openness has been associated with lower consumption volatility. However, volatility of consumption relative...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2010
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036840802260916