Uphill Capital Flows and the International Monetary System /

Uphill capital flows constitute a key transmission channel through which reserve accumulation can distort the stability of the international monetary system. This paper examines and quantifies the importance of this transmission channel by examining how foreign official purchases of U.S. Treasuries...

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Détails bibliographiques
Auteur principal: Csonto, Balazs
Autres auteurs: Tovar Mora, Camilo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/174
Accès en ligne:Full text available on IMF