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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Hlavní autor: Csonto, Balazs
Další autoři: Tovar Mora, Camilo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Working Papers; Working Paper ; No. 2017/174
On-line přístup:Full text available on IMF