In addressing the matter, this thesis covers issues such as the welfare gains from international risk sharing, the impact of international risk sharing on national economic policies and production efficiency, the welfare effects of international risk sharing in the presence of tax competition, and risk sharing among entrepreneurs that face financing constraints. The thesis outlines the implications of incentive constraints for the efficiency of the actual extent and pattern of risk sharing among individuals and countries and presents policy recommendations.
|Qualification||Doctor of Philosophy|
|Award date||14 Jun 2002|
|Place of Publication||Tilburg|
|Publication status||Published - 2002|