A Model of Fickle Capital Flows and Retrenchment
收藏NBER2016-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22751
下载链接
链接失效反馈官方服务：
资源简介：
We develop a model of gross capital flows and analyze their role in global financial stability. In our model, consistent with the data, when a country experiences asset fire sales, foreign investments exit (fickleness) while domestic investments abroad return home (retrenchment). When countries have
提供机构：
美国国家经济研究局
创建时间：
2016-10-01
