Official Financial Flows, Capital Mobility, and Global Imbalances /
We use a cross-country panel framework to analyze the effect of net official flows (chiefly foreign exchange intervention) on current accounts. We find that net official flows have a large but plausible effect on current account balances. The estimated effects are larger with instrumental variables...
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| Outros Autores: | , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2014/199 |
| Assuntos: | |
| Acesso em linha: | Full text available on IMF |