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International risk sharing is better than you think, or exchange rates are too smooth

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  • Brandt, Michael W.
  • Cochrane, John H.
  • Santa-Clara, Pedro

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  • Brandt, Michael W. & Cochrane, John H. & Santa-Clara, Pedro, 2006. "International risk sharing is better than you think, or exchange rates are too smooth," Journal of Monetary Economics, Elsevier, vol. 53(4), pages 671-698, May.
  • Handle: RePEc:eee:moneco:v:53:y:2006:i:4:p:671-698
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