How Might a Disorderly Resolution of Global Imbalances Affect Global Wealth? /
Partly reflecting structural advantages such a liquidity and strong investor protection, foreigners have built up extremely large positions in U.S. (as well as other dollar-denominated) financial assets. This paper describes the impact on global wealth of an unanticipated shock to U.S. financial mar...
| Glavni avtor: | |
|---|---|
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2006/170 |
| Online dostop: | Full text available on IMF |