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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Adler, Gustavo
Outros Autores: Garcia-Macia, Daniel
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2018.
Colecção:IMF Working Papers; Working Paper ; No. 2018/079
Acesso em linha:Full text available on IMF