Demography and Low Frequency Capital Flows
收藏NBER2013-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19465
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We consider the causes of international capital flows. Since capital flows are extremely persistent, we argue that their drivers must be persistent, too. We think the most compelling candidates are demographic trends, tfp differences and financial frictions. In this paper we focus primarily on the
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美国国家经济研究局创建时间：
2013-09-01
