International Capital Mobility and Financial Fragility ‑ Part 2. The Demand for Safe Assets in Emerging Economies and Global Imbalances: New Empirical Evidence
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
Mismatches between the supply and the demand of safe financial assets in fast-growing emerging
countries have been singled out by economic theory as drivers of international capital flows and,
ultimately, global current account imbalances. This paper assesses empirically the contribution of the
search for safe assets to the size and composition of...
