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Von Furstenberg, George M., 1941-

Consumption smoothing across states and time : international insurance vs. foreign loans / George M. von Furstenberg. - Frankfurt am Main : Deutsche Bundesbank, 2004 - 45 p. - Discussion papers. Series 1: Studies of the Economic Research Centre ; no. 13/2004 . - Discussion paper (Deutsche Bundesbank) Series 1: Studies of the Economic Research Centre no. 13/2004 .

Bibliografía: p. 33-34.

1. Introduction -- 2. An overview of diverse modeling assumptions used in past results -- 3. Welfare gains from riskless international credit compared with insurance -- 4. Financial synergies: enhancing insurance opportunities through credit -- 5. Conclusions and policy extensions -- References -- Appendix.

ISBN: 3935821956

Subjects--Topical Terms:
INVERSIONES FINANCIERAS
MODELO DE PANEL
INNOVACION FINANCIERA

Subjects--Geographic Terms:
ALEMANIA

Dewey Class. No.: 332.38