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External Adjustment, Global Imbalances and Valuation Effects / Pierre-Olivier Gourinchas, Hélène Rey.
- Format:
- Book
- Author/Creator:
- Gourinchas, Pierre-Olivier.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w19240.
- NBER working paper series no. w19240
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2013.
- Summary:
- We provide an overview of the recent developments of the literature on the determinants of long term capital flows, global imbalances and valuation effects. We present the main stylized facts of the new international financial landscape in which external balance sheets of countries have grown in size and discuss implications for the international monetary and financial system.
- Notes:
- Print version record
- July 2013.
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