Long-Term Capital Movements /
International financial integration allows countries to become net creditors or net debtors with respect to the rest of the world. In this paper, we show that a small set of fundamentals-shifts in relative output levels, the stock of public debt and demographic factors-can do much to explain the evo...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2001.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2001/107 |
Acesso em linha: | Full text available on IMF |