|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/17811
|
| | |
| Title: | | Consumption Volatility and Financial Openness  |
| Authors: | | Buch, Claudia M. Yener, Serkan |
| Issue Date: | | 2005 |
| Series/Report no.: | | Kieler Arbeitspapiere 1260 |
| Abstract: | | 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 to output has not declined. |
| Subjects: | | Consumption volatility financial integration G7 countries |
| JEL: | | F41 F36 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/17811
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|