The Valuation Channel of External Adjustment.
International financial integration has greatly increased the scope for changes in a country's net foreign asset position through the valuation channel, namely capital gains and losses on external assets and liabilities. We examine this valuation channel in a dynamic equilibrium portfolio model...
Clasificación: | Libro Electrónico |
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Autor principal: | Lee, Jaewoo |
Otros Autores: | Ghironi, Fabio, Rebucci, Alessandro |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington :
International Monetary Fund,
2009.
|
Colección: | IMF Working Papers.
|
Temas: | |
Acceso en línea: | Texto completo |
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