Safe Asset Demand, Global Capital Flows and Wealth Concentration /

The US economy is often referred to as the "banker to the world," due to its unique role in supplying global reserve assets and funding foreign risky investment. This paper develops a general equilibrium model to analyze and quantify the contribution of this role to rising wealth concentra...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kim, Taehoon
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2021.
سلاسل:IMF Working Papers; Working Paper ; No. 2021/254
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF