The Stabilizing Role of Net Foreign Asset Returns /

With the rapid growth of countries' foreign asset and liability positions over the last two decades, financial returns on those positions ('NFA returns') have become material drivers of current accounts and net stock positions. This paper documents the relative importance of NFA retur...

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Hlavní autor: Adler, Gustavo
Další autoři: Garcia-Macia, Daniel
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2018.
Edice:IMF Working Papers; Working Paper ; No. 2018/079
On-line přístup:Full text available on IMF