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...

Полное описание

Библиографические подробности
Главный автор: Adler, Gustavo
Другие авторы: Garcia-Macia, Daniel
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2018.
Серии:IMF Working Papers; Working Paper ; No. 2018/079
Online-ссылка:Full text available on IMF