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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Bayoumi, Tamim
Awduron Eraill: Gagnon, Joseph, Saborowski, Christian
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2014.
Cyfres:IMF Working Papers; Working Paper ; No. 2014/199
Pynciau:
Mynediad Ar-lein:Full text available on IMF