Inequality and the Structure of Countries' External Liabilities /

Inequality and the Structure of Countries' External Liabilities /

In this paper, we present empirical evidence that higher income inequality is associated with a greater equity share in countries' external liabilities, and we develop a theoretical model that can explain this observation: In a small open economy with traded and nontraded goods, entry barriers...

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Dades bibliogràfiques
Autor principal:	Harms, Philipp
Altres autors:	Hoffmann, Mathias, Kohl, Miriam, Krahnke, Tobias
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2022.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2022/138
Matèries:	International Investment International Lending and Debt Problems Long-Term Capital Movements Personal Income, Wealth, and Their Distributions
Accés en línia:	Full text available on IMF

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