Financing of Global Imbalances /

This paper analyzes the determinants of bond flows, now the dominant source of capital inflows, into the United States, as a means of establishing conditions affecting the financing of the U.S. current account deficit. To test the hypothesis that capital flows have become more responsive to changes...

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Bibliographic Details
Main Author: Punzi, Maria Teresa
Other Authors: Walker, W. Christopher
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/177
Online Access:Full text available on IMF