• On the Individual Optimality of Economic Integration 

    Castro, Rui; KOUMTINGUÉ, Nelnan (Université de Montréal. Département de sciences économiques., 2011-03)
    Which countries find it optimal to form an economic union? We emphasize the risk-sharing benefits of economic integration. We consider an endowment world economy model, where international financial markets are incomplete and contracts not enforceable. ...