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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Detalhes bibliográficos
Autor principal: Lane, Philip
Outros Autores: Milesi-Ferretti, Gian
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2001.
Colecção:IMF Working Papers; Working Paper ; No. 2001/107
Acesso em linha:Full text available on IMF