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International Capital Flows, External Assets and Output Volatility
This paper proposes a new perspective on international capital flows and countries'long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 43-2014) |
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| Autoren: | , , |
| Format: | Artikel |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2014
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| Schlagworte: | |
| Online-Zugang: | PDF-Volltext |
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