Macroeconomic Risk (Ahrend, Arnold and Moeser)

The sharing of macroeconomic risk: Who loses (and gains) from macroeconomic shocks by Rudiger Ahrend, Jens Arnold and Charlotte Moeser, published by OECD. “This paper addresses the often neglected question of how macroeconomic risk is shared across and within economies, and identifies reforms that could contribute towards achieving more desirable risksharing outcomes.”