The Financial Center Leverage Cycle: Does it Spread Around the World?
收藏NBER2020-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26793
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With a novel database, we examine the evolution of capital flows to the periphery since the collapse of the Bretton Woods System in the early 1970s. We decompose capital flows into global, regional, and idiosyncratic factors. In contrast to previous findings, which mostly use data from the 2000s, we
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美国国家经济研究局创建时间：
2020-03-01
