Taxes and international risk sharing
(2016)
Journal Article
Epstein, B., Mukherjee, R., & Ramnath, S. (2016). Taxes and international risk sharing. Journal of International Economics, 102, 310-326. https://doi.org/10.1016/j.jinteco.2016.08.002
We extend a standard model of international risk sharing to include an empirically plausible distortion: Taxes. The tax-inclusive theory implies, even under full risk sharing, a predictable relationship between consumption growth and the consumption... Read More about Taxes and international risk sharing.