Risk Sharing Opportunities And Macroeconomic Factors In Latin American And Caribbean Countries : A Consumption Insurance Assessment

Risk Sharing Opportunities And Macroeconomic Factors In Latin American And Caribbean Countries : A Consumption Insurance Assessment / Ventura, Luigi

This paper evaluates the degree of consumption insurance enjoyed by Latin American and Caribbean countries, with respect to various reference areas, by estimating a parameter expressing the sensitivity of a country's consumption growth to a measure of idiosyncratic shocks to income. The paper s...

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Autores principales:Ventura, Luigi, 1966-
Formato: Online-Resource
Lenguaje:English
Publicado:Washington, D.C : The World Bank, 2008
Materias:
Aggregate consumption
Aggregate income
Consumption
Consumption growth
Currencies and Exchange Rates
Domestic consumption
Economic Theory and Research
Finance and Financial Sector Development
Financial Intermediation
Growth rates
Income growth
Inequality
Levels of investments
Macroeconomics and Economic Growth
National income
Poverty Reduction
Public expenditure
Trade openness
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