Composition of Capital Flows: A Survey
收藏NBER2010-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16492
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We survey several mechanisms that explain the composition of international capital flows: foreign direct investment, foreign portfolio investment and debt flows (bank loans and bonds). We focus on information frictions such as adverse selection and moral hazard, and exposure to liquidity shocks, and
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美国国家经济研究局创建时间：
2010-10-01
